YEARLY HIGH
0.0088 MZN
YEARLY LOW
0.0080 MZN
YEARLY AVERAGE
0.0085 MZN

2024 PYG to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PYG to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.0088. Conversely, the yearly low was recorded on October 27, dropping to 0.0080.

This high-to-low spread represents a total annual volatility of 0.0009 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0088 to the December average rate of 0.0082, the exchange rate registered a net change of -6.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0088 was down 1.75% compared to the 2023 peak of 0.0090, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 PYG based on timing:

Yearly Peak High 44 MZN
2023 Average 44 MZN
Yearly Trough Low 40 MZN
Transaction Impact: A difference of 4.36 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0088
0.0081
JanuMarcMayJulySeptNove

PYG 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 0.0087, compared to 0.0083 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0087
H2 Avg (Jul–Dec) 0.0083

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0004 MZN (High: 0.0088 / Low: 0.0084). On the other end, December was the most stable month, with a tight range of 0.0001 MZN (High: 0.0082 / Low: 0.0082).

January Spread (Volatile) ±0.0004
December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0088) against the same month in 2023 (average: 0.0087), the exchange rate shifted by +0.0001 (+1.15%).

2024 Avg (January) 0.0088
2023 Avg (January) 0.0087

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0088 0.0084 0.0088
February 0.0088 0.0087 0.0088
March 0.0088 0.0086 0.0087
April 0.0087 0.0086 0.0086
May 0.0086 0.0085 0.0085
June 0.0085 0.0084 0.0085
July 0.0085 0.0084 0.0085
August 0.0085 0.0083 0.0084
September 0.0083 0.0082 0.0082
October 0.0082 0.0080 0.0081
November 0.0082 0.0081 0.0082
December 0.0082 0.0082 0.0082