2024 BOB to MOP Historical Review

YEARLY HIGH

1.1709 MOP

YEARLY LOW

1.1526 MOP

YEARLY AVERAGE

1.1626 MOP

2024 BOB to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 1.1709. Conversely, the yearly low was recorded on December 30, dropping to 1.1526.

This high-to-low spread represents a total annual volatility of 0.0183 MOP. From a start-to-finish perspective, comparing the January average rate of 1.1652 to the December average rate of 1.1583, the exchange rate registered a net change of -0.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.1709 was down 0.27% compared to the 2023 peak of 1.1740, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,854 MOP

2023 Average 5,835 MOP

Yearly Trough Low 5,763 MOP

Transaction Impact: A difference of 91.32 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.1666

1.1566

JanuMarcMayJulySeptNove

BOB to MOP 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 1.1650, compared to 1.1602 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 1.1650

H2 Avg (Jul–Dec) 1.1602

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0095 MOP (High: 1.1631 / Low: 1.1536). On the other end, July was the most stable month, with a tight range of 0.0014 MOP (High: 1.1647 / Low: 1.1633).

September Spread (Volatile) ±0.0095

July Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between January and March, 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 September and October, when the average rate fell by 0.0036 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 1.1657) against the same month in 2023 (average: 1.1699), the exchange rate shifted by -0.0042 (-0.36%).

2024 Avg (March) 1.1657

2023 Avg (March) 1.1699

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1664	1.1638	1.1652
February	1.1666	1.1617	1.1656
March	1.1709	1.1619	1.1657
April	1.1681	1.1623	1.1651
May	1.1662	1.1623	1.1641
June	1.1658	1.1631	1.1641
July	1.1647	1.1633	1.1640
August	1.1650	1.1600	1.1622
September	1.1631	1.1536	1.1610
October	1.1590	1.1537	1.1574
November	1.1607	1.1544	1.1583
December	1.1604	1.1526	1.1583