2024 MZN to SLL Historical Review

YEARLY HIGH

341.0599 SLL

YEARLY LOW

327.1373 SLL

YEARLY AVERAGE

328.2348 SLL

2024 MZN to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 341.0599. Conversely, the yearly low was recorded on April 18, dropping to 327.1373.

This high-to-low spread represents a total annual volatility of 13.9226 SLL. From a start-to-finish perspective, comparing the January average rate of 328.7223 to the December average rate of 328.3735, the exchange rate registered a net change of -0.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 341.0599 was up 3.61% compared to the 2023 peak of 329.1915, 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 1,705,300 SLL

2023 Average 1,494,163 SLL

Yearly Trough Low 1,635,687 SLL

Transaction Impact: A difference of 69,613.02 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

328.8109

327.7486

JanuMarcMayJulySeptNove

MZN to SLL 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 328.2301, compared to 328.2395 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0093 points.

H1 Avg (Jan–Jun) 328.2301

H2 Avg (Jul–Dec) 328.2395

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 12.8987 SLL (High: 341.0599 / Low: 328.1612). On the other end, February was the most stable month, with a tight range of 0.2569 SLL (High: 328.4182 / Low: 328.1612).

January Spread (Volatile) ±12.8987

February Spread (Stable) ±0.2569

Growth Streaks & Declines

Trends

Between April and July, 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 January and February, when the average rate fell by 0.4637 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4637

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 328.7223) against the same month in 2023 (average: 276.5138), the exchange rate shifted by +52.2085 (+18.88%).

2024 Avg (January) 328.7223

2023 Avg (January) 276.5138

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	341.0599	328.1612	328.7223
February	328.4182	328.1612	328.2587
March	328.4182	327.9046	328.1737
April	328.5211	327.1373	327.8372
May	328.5211	327.9046	328.1778
June	328.4182	328.0329	328.2109
July	328.5211	328.1099	328.2217
August	328.4182	328.1099	328.2043
September	328.5211	328.1612	328.3060
October	328.5211	328.1099	328.2085
November	328.2897	327.8534	328.1227
December	328.5211	328.1099	328.3735