2024 MZN to SDG Historical Review

YEARLY HIGH

9.7750 SDG

YEARLY LOW

8.9210 SDG

YEARLY AVERAGE

9.3616 SDG

2024 MZN to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 9.7750. Conversely, the yearly low was recorded on May 1, dropping to 8.9210.

This high-to-low spread represents a total annual volatility of 0.8540 SDG. From a start-to-finish perspective, comparing the January average rate of 9.4214 to the December average rate of 9.4192, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 9.7750 was up 3.12% compared to the 2023 peak of 9.4791, 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 48,875 SDG

2023 Average 46,684 SDG

Yearly Trough Low 44,605 SDG

Transaction Impact: A difference of 4,269.88 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

9.4466

9.1438

JanuMarcMayJulySeptNove

MZN to SDG 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 9.3255, compared to 9.3978 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0723 points.

H1 Avg (Jan–Jun) 9.3255

H2 Avg (Jul–Dec) 9.3978

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.4946 SDG (High: 9.4156 / Low: 8.9210). On the other end, August was the most stable month, with a tight range of 0.0088 SDG (High: 9.4205 / Low: 9.4117).

May Spread (Volatile) ±0.4946

August Spread (Stable) ±0.0088

Growth Streaks & Declines

Trends

Between June and September, 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 March and April, when the average rate fell by 0.1228 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1228

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 9.4214) against the same month in 2023 (average: 9.0295), the exchange rate shifted by +0.3919 (+4.34%).

2024 Avg (January) 9.4214

2023 Avg (January) 9.0295

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.7750	9.4053	9.4214
February	9.4127	9.3975	9.4068
March	9.4127	9.1628	9.2919
April	9.3901	9.1420	9.1691
May	9.4156	8.9210	9.3743
June	9.4127	9.1670	9.2894
July	9.4168	9.1706	9.3091
August	9.4205	9.4117	9.4144
September	9.4235	9.4131	9.4173
October	9.4235	9.4117	9.4145
November	9.4168	9.4043	9.4120
December	9.4235	9.4117	9.4192