2024 MZN to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 MZN to UZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the MZN to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 202.6709. Conversely, the yearly low was recorded on January 7, dropping to 192.5979.
This high-to-low spread represents a total annual volatility of 10.0730 UZS. From a start-to-finish perspective, comparing the January average rate of 193.9601 to the December average rate of 201.5549, the exchange rate registered a net change of 3.92% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 202.6709 was up 4.15% compared to the 2023 peak of 194.6038, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
MZN to UZS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 196.5597, compared to 199.4308 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.8711 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was January, with a trading range of 9.0221 UZS (High: 201.6201 / Low: 192.5979). On the other end, November was the most stable month, with a tight range of 1.4933 UZS (High: 201.4552 / Low: 199.9619).
Growth Streaks & Declines
TrendsBetween July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.9505 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 201.5549) against the same month in 2023 (average: 193.4029), the exchange rate shifted by +8.1519 (+4.22%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 201.6201 | 192.5979 | 193.9601 |
| February | 196.3587 | 193.0238 | 194.6459 |
| March | 197.8890 | 195.1295 | 196.4899 |
| April | 198.8665 | 196.8640 | 198.0591 |
| May | 199.3349 | 197.1590 | 198.5768 |
| June | 199.1368 | 196.2965 | 197.6263 |
| July | 198.0164 | 196.4059 | 197.2870 |
| August | 198.7608 | 195.5588 | 197.6219 |
| September | 199.7913 | 197.7977 | 199.0719 |
| October | 201.2041 | 199.3748 | 200.3550 |
| November | 201.4552 | 199.9619 | 200.6942 |
| December | 202.6709 | 200.8244 | 201.5549 |