2024 MZN to TJS Historical Review

YEARLY HIGH

0.1773 TJS

YEARLY LOW

0.1641 TJS

YEARLY AVERAGE

0.1688 TJS

2024 MZN to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.1773. Conversely, the yearly low was recorded on August 4, dropping to 0.1641.

This high-to-low spread represents a total annual volatility of 0.0132 TJS. From a start-to-finish perspective, comparing the January average rate of 0.1712 to the December average rate of 0.1709, the exchange rate registered a net change of -0.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1773 was up 2.60% compared to the 2023 peak of 0.1728, 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 887 TJS

2023 Average 846 TJS

Yearly Trough Low 821 TJS

Transaction Impact: A difference of 65.89 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1719

0.1655

JanuMarcMayJulySeptNove

MZN to TJS 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 0.1703, compared to 0.1673 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.1703

H2 Avg (Jul–Dec) 0.1673

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0067 TJS (High: 0.1773 / Low: 0.1706). On the other end, September was the most stable month, with a tight range of 0.0009 TJS (High: 0.1672 / Low: 0.1663).

January Spread (Volatile) ±0.0067

September Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between August and December, 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 May and June, when the average rate fell by 0.0025 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1712) against the same month in 2023 (average: 0.1602), the exchange rate shifted by +0.0111 (+6.92%).

2024 Avg (January) 0.1712

2023 Avg (January) 0.1602

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1773	0.1706	0.1712
February	0.1726	0.1707	0.1713
March	0.1720	0.1705	0.1713
April	0.1716	0.1702	0.1709
May	0.1712	0.1678	0.1697
June	0.1691	0.1656	0.1673
July	0.1675	0.1656	0.1665
August	0.1676	0.1641	0.1660
September	0.1672	0.1663	0.1667
October	0.1674	0.1662	0.1668
November	0.1707	0.1657	0.1669
December	0.1714	0.1702	0.1709