YEARLY HIGH
0.1105 TTD
YEARLY LOW
0.1051 TTD
YEARLY AVERAGE
0.1062 TTD

2024 MZN to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.1105. Conversely, the yearly low was recorded on August 4, dropping to 0.1051.

This high-to-low spread represents a total annual volatility of 0.0054 TTD. From a start-to-finish perspective, comparing the January average rate of 0.1064 to the December average rate of 0.1063, the exchange rate registered a net change of -0.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1105 was up 3.12% compared to the 2023 peak of 0.1072, 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 553 TTD
2023 Average 531 TTD
Yearly Trough Low 525 TTD
Transaction Impact: A difference of 27.23 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1064
0.1060
JanuMarcMayJulySeptNove

MZN to TTD 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 0.1062, compared to 0.1062 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) 0.1062
H2 Avg (Jul–Dec) 0.1062

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0050 TTD (High: 0.1105 / Low: 0.1056). On the other end, October was the most stable month, with a tight range of 0.0006 TTD (High: 0.1067 / Low: 0.1061).

January Spread (Volatile) ±0.0050
October Spread (Stable) ±0.0006

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 March and April, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1064) against the same month in 2023 (average: 0.1063), the exchange rate shifted by +0.0001 (+0.07%).

2024 Avg (January) 0.1064
2023 Avg (January) 0.1063

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1105 0.1056 0.1064
February 0.1072 0.1059 0.1063
March 0.1065 0.1058 0.1062
April 0.1067 0.1056 0.1060
May 0.1065 0.1057 0.1062
June 0.1066 0.1057 0.1062
July 0.1064 0.1057 0.1061
August 0.1067 0.1051 0.1061
September 0.1066 0.1058 0.1063
October 0.1067 0.1061 0.1063
November 0.1069 0.1057 0.1062
December 0.1066 0.1058 0.1063