2024 MZN to RON Historical Review

YEARLY HIGH

0.0753 RON

YEARLY LOW

0.0696 RON

YEARLY AVERAGE

0.0720 RON

2024 MZN to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0753. Conversely, the yearly low was recorded on August 24, dropping to 0.0696.

This high-to-low spread represents a total annual volatility of 0.0057 RON. From a start-to-finish perspective, comparing the January average rate of 0.0715 to the December average rate of 0.0744, the exchange rate registered a net change of 4.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0753 was up 1.26% compared to the 2023 peak of 0.0744, 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 377 RON

2023 Average 358 RON

Yearly Trough Low 348 RON

Transaction Impact: A difference of 28.63 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0748

0.0697

JanuMarcMayJulySeptNove

MZN to RON 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 0.0720, compared to 0.0719 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0720

H2 Avg (Jul–Dec) 0.0719

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0039 RON (High: 0.0744 / Low: 0.0705). On the other end, May was the most stable month, with a tight range of 0.0011 RON (High: 0.0726 / Low: 0.0715).

January Spread (Volatile) ±0.0039

May Spread (Stable) ±0.0011

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 July and August, when the average rate fell by 0.0010 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0744) against the same month in 2023 (average: 0.0713), the exchange rate shifted by +0.0031 (+4.40%).

2024 Avg (December) 0.0744

2023 Avg (December) 0.0713

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0744	0.0705	0.0715
February	0.0727	0.0716	0.0721
March	0.0721	0.0710	0.0716
April	0.0733	0.0715	0.0725
May	0.0726	0.0715	0.0720
June	0.0730	0.0714	0.0724
July	0.0726	0.0712	0.0717
August	0.0722	0.0696	0.0707
September	0.0708	0.0696	0.0701
October	0.0722	0.0704	0.0715
November	0.0748	0.0712	0.0733
December	0.0753	0.0736	0.0744