YEARLY HIGH
16.7934 MZN
YEARLY LOW
13.8691 MZN
YEARLY AVERAGE
16.0503 MZN

2024 PLN to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 16.7934. Conversely, the yearly low was recorded on January 1, dropping to 13.8691.

This high-to-low spread represents a total annual volatility of 2.9243 MZN. From a start-to-finish perspective, comparing the January average rate of 15.8812 to the December average rate of 15.6638, the exchange rate registered a net change of -1.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 16.7934 was up 2.31% compared to the 2023 peak of 16.4147, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 335,869 MZN
2023 Average 304,711 MZN
Yearly Trough Low 277,383 MZN
Transaction Impact: A difference of 58,485.76 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

16.6838
15.5711
JanuMarcMayJulySeptNove

PLN to MZN 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 15.9882, compared to 16.1124 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1242 points.

H1 Avg (Jan–Jun) 15.9882
H2 Avg (Jul–Dec) 16.1124

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 2.2864 MZN (High: 16.1556 / Low: 13.8691). On the other end, February was the most stable month, with a tight range of 0.3205 MZN (High: 16.0913 / Low: 15.7708).

January Spread (Volatile) ±2.2864
February Spread (Stable) ±0.3205

Growth Streaks & Declines

Trends

Between June and September, 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 September and October, when the average rate fell by 0.4629 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4629

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 16.4183) against the same month in 2023 (average: 15.6250), the exchange rate shifted by +0.7932 (+5.08%).

2024 Avg (August) 16.4183
2023 Avg (August) 15.6250

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.1556 13.8691 15.8812
February 16.0913 15.7708 15.9441
March 16.3398 15.9935 16.1245
April 16.3061 15.5406 15.9363
May 16.3151 15.8254 16.1314
June 16.3041 15.6122 15.9115
July 16.3835 15.8854 16.1968
August 16.7934 16.0208 16.4183
September 16.7933 16.3907 16.5911
October 16.4813 15.8496 16.1281
November 16.0347 15.3486 15.6764
December 15.8568 15.4416 15.6638