YEARLY HIGH
0.0721 PLN
YEARLY LOW
0.0595 PLN
YEARLY AVERAGE
0.0623 PLN

2024 MZN to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0721. Conversely, the yearly low was recorded on August 24, dropping to 0.0595.

This high-to-low spread represents a total annual volatility of 0.0126 PLN. From a start-to-finish perspective, comparing the January average rate of 0.0630 to the December average rate of 0.0638, the exchange rate registered a net change of 1.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0721 was up 2.91% compared to the 2023 peak of 0.0701, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MZN based on timing:

Yearly Peak High 361 PLN
2023 Average 329 PLN
Yearly Trough Low 298 PLN
Transaction Impact: A difference of 62.78 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0642
0.0599
JanuMarcMayJulySeptNove

MZN to PLN Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0626, compared to 0.0621 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0626
H2 Avg (Jul–Dec) 0.0621

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0102 PLN (High: 0.0721 / Low: 0.0619). On the other end, February was the most stable month, with a tight range of 0.0013 PLN (High: 0.0634 / Low: 0.0621).

January Spread (Volatile) ±0.0102
February Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0630) against the same month in 2023 (average: 0.0679), the exchange rate shifted by -0.0048 (-7.14%).

2024 Avg (January) 0.0630
2023 Avg (January) 0.0679

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0721 0.0619 0.0630
February 0.0634 0.0621 0.0627
March 0.0625 0.0612 0.0620
April 0.0643 0.0613 0.0628
May 0.0632 0.0613 0.0620
June 0.0641 0.0613 0.0629
July 0.0630 0.0610 0.0617
August 0.0624 0.0595 0.0609
September 0.0610 0.0595 0.0603
October 0.0631 0.0607 0.0620
November 0.0652 0.0624 0.0638
December 0.0648 0.0631 0.0638