2024 MZN to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 MZN to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the MZN to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 125.6514. Conversely, the yearly low was recorded on January 7, dropping to 113.2562.
This high-to-low spread represents a total annual volatility of 12.3952 PYG. From a start-to-finish perspective, comparing the January average rate of 114.1536 to the December average rate of 122.2460, the exchange rate registered a net change of 7.09% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 125.6514 was up 7.37% compared to the 2023 peak of 117.0272, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
MZN to PYG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 115.5914, compared to 121.0264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.4350 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was January, with a trading range of 5.4422 PYG (High: 118.6985 / Low: 113.2562). On the other end, December was the most stable month, with a tight range of 0.9143 PYG (High: 122.5859 / Low: 121.6716).
Growth Streaks & Declines
TrendsBetween February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.8354 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 123.2167) against the same month in 2023 (average: 115.4191), the exchange rate shifted by +7.7976 (+6.76%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 118.6985 | 113.2562 | 114.1536 |
| February | 114.9978 | 113.7357 | 114.0447 |
| March | 115.6750 | 113.9127 | 114.4712 |
| April | 116.9416 | 114.8581 | 115.6390 |
| May | 118.0812 | 116.6342 | 117.3844 |
| June | 118.5948 | 117.4189 | 117.8554 |
| July | 118.7077 | 117.6062 | 118.1638 |
| August | 120.3055 | 117.5476 | 118.6419 |
| September | 122.4378 | 120.0399 | 121.5088 |
| October | 125.6514 | 121.8991 | 123.2167 |
| November | 123.6356 | 121.3805 | 122.3812 |
| December | 122.5859 | 121.6716 | 122.2460 |