YEARLY HIGH
0.5149 TWD
YEARLY LOW
0.4802 TWD
YEARLY AVERAGE
0.5024 TWD

2024 MZN to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 0.5149. Conversely, the yearly low was recorded on January 1, dropping to 0.4802.

This high-to-low spread represents a total annual volatility of 0.0347 TWD. From a start-to-finish perspective, comparing the January average rate of 0.4890 to the December average rate of 0.5101, the exchange rate registered a net change of 4.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5149 was up 1.19% compared to the 2023 peak of 0.5088, 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 2,574 TWD
2023 Average 2,438 TWD
Yearly Trough Low 2,401 TWD
Transaction Impact: A difference of 173.45 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5129
0.4868
JanuMarcMayJulySeptNove

MZN to TWD 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 0.4991, compared to 0.5057 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0065 points.

H1 Avg (Jan–Jun) 0.4991
H2 Avg (Jul–Dec) 0.5057

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0302 TWD (High: 0.5104 / Low: 0.4802). On the other end, June was the most stable month, with a tight range of 0.0064 TWD (High: 0.5105 / Low: 0.5041).

January Spread (Volatile) ±0.0302
June Spread (Stable) ±0.0064

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 0.0062 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.5108) against the same month in 2023 (average: 0.4890), the exchange rate shifted by +0.0218 (+4.45%).

2024 Avg (July) 0.5108
2023 Avg (July) 0.4890

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5104 0.4802 0.4890
February 0.4957 0.4888 0.4919
March 0.5008 0.4910 0.4958
April 0.5103 0.5005 0.5057
May 0.5086 0.5016 0.5055
June 0.5105 0.5041 0.5070
July 0.5149 0.5071 0.5108
August 0.5132 0.4972 0.5046
September 0.5035 0.4946 0.5003
October 0.5056 0.4989 0.5024
November 0.5098 0.4984 0.5060
December 0.5143 0.5054 0.5101