2024 TWD to MZN Historical Review

YEARLY HIGH

2.0825 MZN

YEARLY LOW

1.9422 MZN

YEARLY AVERAGE

1.9908 MZN

2024 TWD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TWD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.0825. Conversely, the yearly low was recorded on July 29, dropping to 1.9422.

This high-to-low spread represents a total annual volatility of 0.1403 MZN. From a start-to-finish perspective, comparing the January average rate of 2.0453 to the December average rate of 1.9604, the exchange rate registered a net change of -4.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.0825 was down 3.16% compared to the 2023 peak of 2.1505, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,413 MZN

2023 Average 10,258 MZN

Yearly Trough Low 9,711 MZN

Transaction Impact: A difference of 701.58 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.0541

1.9492

JanuMarcMayJulySeptNove

TWD 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 2.0039, compared to 1.9777 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0262 points.

H1 Avg (Jan–Jun) 2.0039

H2 Avg (Jul–Dec) 1.9777

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.1234 MZN (High: 2.0825 / Low: 1.9591). On the other end, June was the most stable month, with a tight range of 0.0248 MZN (High: 1.9836 / Low: 1.9588).

January Spread (Volatile) ±0.1234

June Spread (Stable) ±0.0248

Growth Streaks & Declines

Trends

Between July and September, 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 March and April, when the average rate fell by 0.0395 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0395

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 2.0453) against the same month in 2023 (average: 2.1021), the exchange rate shifted by -0.0568 (-2.70%).

2024 Avg (January) 2.0453

2023 Avg (January) 2.1021

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0825	1.9591	2.0453
February	2.0460	2.0173	2.0328
March	2.0366	1.9967	2.0170
April	1.9980	1.9595	1.9775
May	1.9935	1.9662	1.9785
June	1.9836	1.9588	1.9724
July	1.9720	1.9422	1.9579
August	2.0114	1.9484	1.9821
September	2.0220	1.9861	1.9990
October	2.0045	1.9778	1.9906
November	2.0063	1.9614	1.9762
December	1.9785	1.9443	1.9604