YEARLY HIGH
0.1423 SVC
YEARLY LOW
0.1358 SVC
YEARLY AVERAGE
0.1369 SVC

2024 MZN to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.1423. Conversely, the yearly low was recorded on August 4, dropping to 0.1358.

This high-to-low spread represents a total annual volatility of 0.0065 SVC. From a start-to-finish perspective, comparing the January average rate of 0.1371 to the December average rate of 0.1370, the exchange rate registered a net change of -0.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1423 was up 2.95% compared to the 2023 peak of 0.1382, 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 711 SVC
2023 Average 685 SVC
Yearly Trough Low 679 SVC
Transaction Impact: A difference of 32.37 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1372
0.1367
JanuMarcMayJulySeptNove

MZN to SVC 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 0.1369, compared to 0.1370 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.1369
H2 Avg (Jul–Dec) 0.1370

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0057 SVC (High: 0.1423 / Low: 0.1365). On the other end, July was the most stable month, with a tight range of 0.0005 SVC (High: 0.1371 / Low: 0.1366).

January Spread (Volatile) ±0.0057
July Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1371) against the same month in 2023 (average: 0.1370), the exchange rate shifted by +0.0002 (+0.13%).

2024 Avg (January) 0.1371
2023 Avg (January) 0.1370

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1423 0.1365 0.1371
February 0.1382 0.1367 0.1370
March 0.1373 0.1362 0.1369
April 0.1374 0.1362 0.1367
May 0.1372 0.1362 0.1369
June 0.1378 0.1366 0.1370
July 0.1371 0.1366 0.1369
August 0.1374 0.1358 0.1368
September 0.1372 0.1366 0.1370
October 0.1375 0.1369 0.1370
November 0.1377 0.1363 0.1369
December 0.1372 0.1365 0.1370