2024 MZN to UAH Historical Review

YEARLY HIGH

0.6593 UAH

YEARLY LOW

0.5862 UAH

YEARLY AVERAGE

0.6288 UAH

2024 MZN to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.6593. Conversely, the yearly low was recorded on January 24, dropping to 0.5862.

This high-to-low spread represents a total annual volatility of 0.0731 UAH. From a start-to-finish perspective, comparing the January average rate of 0.5932 to the December average rate of 0.6542, the exchange rate registered a net change of 10.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6593 was up 10.11% compared to the 2023 peak of 0.5988, 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 3,296 UAH

2023 Average 2,881 UAH

Yearly Trough Low 2,931 UAH

Transaction Impact: A difference of 365.29 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6603

0.5871

JanuMarcMayJulySeptNove

MZN to UAH 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 0.6109, compared to 0.6467 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0359 points.

H1 Avg (Jan–Jun) 0.6109

H2 Avg (Jul–Dec) 0.6467

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0222 UAH (High: 0.6084 / Low: 0.5862). On the other end, October was the most stable month, with a tight range of 0.0048 UAH (High: 0.6492 / Low: 0.6445).

January Spread (Volatile) ±0.0222

October Spread (Stable) ±0.0048

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0001 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.6542) against the same month in 2023 (average: 0.5823), the exchange rate shifted by +0.0719 (+12.34%).

2024 Avg (December) 0.6542

2023 Avg (December) 0.5823

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6084	0.5862	0.5932
February	0.6046	0.5867	0.5947
March	0.6148	0.5937	0.6059
April	0.6219	0.6074	0.6156
May	0.6344	0.6142	0.6219
June	0.6393	0.6271	0.6338
July	0.6515	0.6327	0.6419
August	0.6476	0.6404	0.6445
September	0.6504	0.6417	0.6461
October	0.6492	0.6445	0.6460
November	0.6519	0.6449	0.6478
December	0.6593	0.6481	0.6542