YEARLY HIGH
0.1121 MZN
YEARLY LOW
0.1023 MZN
YEARLY AVERAGE
0.1068 MZN

2024 SDG to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SDG to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.1121. Conversely, the yearly low was recorded on January 22, dropping to 0.1023.

This high-to-low spread represents a total annual volatility of 0.0098 MZN. From a start-to-finish perspective, comparing the January average rate of 0.1061 to the December average rate of 0.1062, the exchange rate registered a net change of 0.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1121 was down 4.22% compared to the 2023 peak of 0.1170, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 560 MZN
2023 Average 536 MZN
Yearly Trough Low 512 MZN
Transaction Impact: A difference of 48.96 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1094
0.1059
JanuMarcMayJulySeptNove

SDG 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 0.1073, compared to 0.1064 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.1073
H2 Avg (Jul–Dec) 0.1064

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0059 MZN (High: 0.1121 / Low: 0.1062). On the other end, August was the most stable month, with a tight range of 0.0001 MZN (High: 0.1063 / Low: 0.1062).

May Spread (Volatile) ±0.0059
August Spread (Stable) ±0.0001

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 April and May, when the average rate fell by 0.0024 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.1067) against the same month in 2023 (average: 0.1064), the exchange rate shifted by +0.0003 (+0.24%).

2024 Avg (May) 0.1067
2023 Avg (May) 0.1064

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1063 0.1023 0.1061
February 0.1064 0.1062 0.1063
March 0.1091 0.1062 0.1076
April 0.1094 0.1065 0.1091
May 0.1121 0.1062 0.1067
June 0.1091 0.1062 0.1077
July 0.1090 0.1062 0.1074
August 0.1063 0.1062 0.1062
September 0.1062 0.1061 0.1062
October 0.1063 0.1061 0.1062
November 0.1063 0.1062 0.1062
December 0.1063 0.1061 0.1062