YEARLY HIGH
22.8929 MZN
YEARLY LOW
21.9583 MZN
YEARLY AVERAGE
22.8164 MZN

2024 WST to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the WST to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 22.8929. Conversely, the yearly low was recorded on January 22, dropping to 21.9583.

This high-to-low spread represents a total annual volatility of 0.9345 MZN. From a start-to-finish perspective, comparing the January average rate of 22.7835 to the December average rate of 22.8067, the exchange rate registered a net change of 0.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 22.8929 was down 3.51% compared to the 2023 peak of 23.7252, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 114,464 MZN
2023 Average 116,913 MZN
Yearly Trough Low 109,792 MZN
Transaction Impact: A difference of 4,672.61 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

22.8501
22.7775
JanuMarcMayJulySeptNove

WST 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 22.8168, compared to 22.8160 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) 22.8168
H2 Avg (Jul–Dec) 22.8160

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.8631 MZN (High: 22.8214 / Low: 21.9583). On the other end, February was the most stable month, with a tight range of 0.0179 MZN (High: 22.8214 / Low: 22.8036).

January Spread (Volatile) ±0.8631
February Spread (Stable) ±0.0179

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 0.0237 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0237

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 22.8440) against the same month in 2023 (average: 23.4354), the exchange rate shifted by -0.5914 (-2.52%).

2024 Avg (April) 22.8440
2023 Avg (April) 23.4354

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 22.8214 21.9583 22.7835
February 22.8214 22.8036 22.8147
March 22.8393 22.8036 22.8206
April 22.8929 22.7964 22.8440
May 22.8393 22.7964 22.8203
June 22.8304 22.8036 22.8180
July 22.8250 22.7964 22.8172
August 22.8250 22.8036 22.8184
September 22.8214 22.7964 22.8114
October 22.8250 22.7964 22.8181
November 22.8429 22.8125 22.8241
December 22.8250 22.7964 22.8067