2024 XCD to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 XCD to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the XCD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 23.7183. Conversely, the yearly low was recorded on January 22, dropping to 22.7501.
This high-to-low spread represents a total annual volatility of 0.9682 MZN. From a start-to-finish perspective, comparing the January average rate of 23.6050 to the December average rate of 23.6291, 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 23.7183 was up 0.16% compared to the 2023 peak of 23.6813, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 XCD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
XCD to MZN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 23.6396, compared to 23.6387 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was January, with a trading range of 0.8942 MZN (High: 23.6443 / Low: 22.7501). On the other end, February was the most stable month, with a tight range of 0.0185 MZN (High: 23.6443 / Low: 23.6258).
Growth Streaks & Declines
TrendsBetween 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 0.0246 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2024: 23.6677) against the same month in 2023 (average: 23.6345), the exchange rate shifted by +0.0333 (+0.14%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.6443 | 22.7501 | 23.6050 |
| February | 23.6443 | 23.6258 | 23.6373 |
| March | 23.6628 | 23.6258 | 23.6434 |
| April | 23.7183 | 23.6184 | 23.6677 |
| May | 23.6628 | 23.6184 | 23.6431 |
| June | 23.6536 | 23.6258 | 23.6408 |
| July | 23.6480 | 23.6184 | 23.6400 |
| August | 23.6480 | 23.6258 | 23.6412 |
| September | 23.6443 | 23.6184 | 23.6339 |
| October | 23.6480 | 23.6184 | 23.6409 |
| November | 23.6665 | 23.6351 | 23.6471 |
| December | 23.6480 | 23.6184 | 23.6291 |