2024 MZN to SBD Historical Review

YEARLY HIGH

0.1370 SBD

YEARLY LOW

0.1293 SBD

YEARLY AVERAGE

0.1319 SBD

2024 MZN to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.1370. Conversely, the yearly low was recorded on October 14, dropping to 0.1293.

This high-to-low spread represents a total annual volatility of 0.0077 SBD. From a start-to-finish perspective, comparing the January average rate of 0.1320 to the December average rate of 0.1312, the exchange rate registered a net change of -0.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1370 was up 2.19% compared to the 2023 peak of 0.1341, 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 685 SBD

2023 Average 653 SBD

Yearly Trough Low 647 SBD

Transaction Impact: A difference of 38.26 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1331

0.1297

JanuMarcMayJulySeptNove

MZN to SBD 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 0.1324, compared to 0.1313 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.1324

H2 Avg (Jul–Dec) 0.1313

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0055 SBD (High: 0.1362 / Low: 0.1307). On the other end, May was the most stable month, with a tight range of 0.0007 SBD (High: 0.1333 / Low: 0.1326).

January Spread (Volatile) ±0.0055

May Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0021 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.1325) against the same month in 2023 (average: 0.1288), the exchange rate shifted by +0.0037 (+2.85%).

2024 Avg (March) 0.1325

2023 Avg (March) 0.1288

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1362	0.1307	0.1320
February	0.1332	0.1316	0.1323
March	0.1370	0.1315	0.1325
April	0.1335	0.1318	0.1326
May	0.1333	0.1326	0.1328
June	0.1330	0.1320	0.1324
July	0.1328	0.1315	0.1323
August	0.1338	0.1316	0.1327
September	0.1326	0.1298	0.1306
October	0.1308	0.1293	0.1300
November	0.1313	0.1299	0.1308
December	0.1313	0.1304	0.1312