2024 XAF to MZN Historical Review

YEARLY HIGH

0.1091 MZN

YEARLY LOW

0.1007 MZN

YEARLY AVERAGE

0.1054 MZN

2024 XAF to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XAF to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 0.1091. Conversely, the yearly low was recorded on December 31, dropping to 0.1007.

This high-to-low spread represents a total annual volatility of 0.0084 MZN. From a start-to-finish perspective, comparing the January average rate of 0.1061 to the December average rate of 0.1019, the exchange rate registered a net change of -3.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1091 was down 0.33% compared to the 2023 peak of 0.1095, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 546 MZN

2023 Average 527 MZN

Yearly Trough Low 504 MZN

Transaction Impact: A difference of 42.08 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1088

0.1013

JanuMarcMayJulySeptNove

XAF 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 0.1053, compared to 0.1055 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.1053

H2 Avg (Jul–Dec) 0.1055

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0055 MZN (High: 0.1075 / Low: 0.1020). On the other end, May was the most stable month, with a tight range of 0.0015 MZN (High: 0.1060 / Low: 0.1045).

January Spread (Volatile) ±0.0055

May Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0026 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.1074) against the same month in 2023 (average: 0.1062), the exchange rate shifted by +0.0012 (+1.11%).

2024 Avg (August) 0.1074

2023 Avg (August) 0.1062

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1075	0.1020	0.1061
February	0.1059	0.1043	0.1051
March	0.1067	0.1051	0.1059
April	0.1059	0.1035	0.1045
May	0.1060	0.1045	0.1053
June	0.1062	0.1040	0.1048
July	0.1065	0.1046	0.1057
August	0.1091	0.1051	0.1074
September	0.1089	0.1072	0.1082
October	0.1078	0.1050	0.1061
November	0.1065	0.1015	0.1036
December	0.1031	0.1007	0.1019