2024 SAR to MZN Historical Review

YEARLY HIGH

17.1052 MZN

YEARLY LOW

16.3939 MZN

YEARLY AVERAGE

17.0263 MZN

2024 SAR to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 17.1052. Conversely, the yearly low was recorded on January 22, dropping to 16.3939.

This high-to-low spread represents a total annual volatility of 0.7114 MZN. From a start-to-finish perspective, comparing the January average rate of 17.0108 to the December average rate of 16.9990, the exchange rate registered a net change of -0.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 17.1052 was up 0.07% compared to the 2023 peak of 17.0926, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 85,526 MZN

2023 Average 85,124 MZN

Yearly Trough Low 81,969 MZN

Transaction Impact: A difference of 3,556.78 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

17.0588

16.9936

JanuMarcMayJulySeptNove

SAR 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 17.0343, compared to 17.0183 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0160 points.

H1 Avg (Jan–Jun) 17.0343

H2 Avg (Jul–Dec) 17.0183

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.6462 MZN (High: 17.0401 / Low: 16.3939). On the other end, February was the most stable month, with a tight range of 0.0222 MZN (High: 17.0455 / Low: 17.0233).

January Spread (Volatile) ±0.6462

February Spread (Stable) ±0.0222

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 0.0173 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0173

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 17.0534) against the same month in 2023 (average: 17.0278), the exchange rate shifted by +0.0256 (+0.15%).

2024 Avg (April) 17.0534

2023 Avg (April) 17.0278

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.0401	16.3939	17.0108
February	17.0455	17.0233	17.0340
March	17.0731	17.0237	17.0377
April	17.1052	17.0154	17.0534
May	17.0501	17.0191	17.0369
June	17.0507	17.0175	17.0331
July	17.0394	17.0147	17.0319
August	17.0569	17.0088	17.0270
September	17.0379	17.0134	17.0219
October	17.0267	16.9980	17.0136
November	17.0373	17.0033	17.0164
December	17.0136	16.9818	16.9990