2024 MZN to STD Historical Review

YEARLY HIGH

362.4039 STD

YEARLY LOW

347.6100 STD

YEARLY AVERAGE

348.7762 STD

2024 MZN to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 362.4039. Conversely, the yearly low was recorded on April 18, dropping to 347.6100.

This high-to-low spread represents a total annual volatility of 14.7939 STD. From a start-to-finish perspective, comparing the January average rate of 349.2942 to the December average rate of 348.9236, 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 362.4039 was up 0.59% compared to the 2023 peak of 360.2839, 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 1,812,020 STD

2023 Average 1,768,496 STD

Yearly Trough Low 1,738,050 STD

Transaction Impact: A difference of 73,969.50 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

349.3883

348.2596

JanuMarcMayJulySeptNove

MZN to STD 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 348.7712, compared to 348.7811 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0099 points.

H1 Avg (Jan–Jun) 348.7712

H2 Avg (Jul–Dec) 348.7811

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 13.7059 STD (High: 362.4039 / Low: 348.6980). On the other end, February was the most stable month, with a tight range of 0.2730 STD (High: 348.9710 / Low: 348.6980).

January Spread (Volatile) ±13.7059

February Spread (Stable) ±0.2730

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 0.4927 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4927

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 349.2942) against the same month in 2023 (average: 357.2685), the exchange rate shifted by -7.9743 (-2.23%).

2024 Avg (January) 349.2942

2023 Avg (January) 357.2685

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	362.4039	348.6980	349.2942
February	348.9710	348.6980	348.8015
March	348.9710	348.4253	348.7113
April	349.0804	347.6100	348.3537
May	349.0804	348.4253	348.7156
June	348.9710	348.5616	348.7508
July	349.0804	348.6434	348.7623
August	348.9710	348.6434	348.7438
September	349.0804	348.6980	348.8518
October	349.0804	348.6434	348.7482
November	348.8345	348.3709	348.6571
December	349.0804	348.6434	348.9236