2024 MZN to VND Historical Review

YEARLY HIGH

399.5720 VND

YEARLY LOW

379.7951 VND

YEARLY AVERAGE

392.1842 VND

2024 MZN to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 399.5720. Conversely, the yearly low was recorded on January 1, dropping to 379.7951.

This high-to-low spread represents a total annual volatility of 19.7769 VND. From a start-to-finish perspective, comparing the January average rate of 383.7715 to the December average rate of 398.0831, the exchange rate registered a net change of 3.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 399.5720 was up 3.68% compared to the 2023 peak of 385.3766, 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 1,997,860 VND

2023 Average 1,865,973 VND

Yearly Trough Low 1,898,975 VND

Transaction Impact: A difference of 98,884.39 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

399.7283

381.9957

JanuMarcMayJulySeptNove

MZN to VND 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 390.7135, compared to 393.6549 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.9414 points.

H1 Avg (Jan–Jun) 390.7135

H2 Avg (Jul–Dec) 393.6549

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 19.7769 VND (High: 399.5720 / Low: 379.7951). On the other end, June was the most stable month, with a tight range of 1.3790 VND (High: 398.8720 / Low: 397.4930).

January Spread (Volatile) ±19.7769

June Spread (Stable) ±1.3790

Growth Streaks & Declines

Trends

Between February and June, 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 August and September, when the average rate fell by 6.0489 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -6.0489

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 383.7715) against the same month in 2023 (average: 367.3703), the exchange rate shifted by +16.4012 (+4.46%).

2024 Avg (January) 383.7715

2023 Avg (January) 367.3703

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	399.5720	379.7951	383.7715
February	386.2238	381.2391	383.4734
March	388.0351	385.7397	386.9223
April	397.5744	387.8030	393.6829
May	398.7938	396.3305	398.1805
June	398.8720	397.4930	398.2506
July	398.6689	395.2642	397.1639
August	394.9492	388.7170	391.8766
September	389.5464	384.2332	385.8277
October	397.6485	385.2433	392.0636
November	397.8507	395.5380	396.9144
December	399.2829	396.5785	398.0831