2024 CVE to MOP Historical Review

YEARLY HIGH

0.0812 MOP

YEARLY LOW

0.0753 MOP

YEARLY AVERAGE

0.0788 MOP

2024 CVE to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 0.0812. Conversely, the yearly low was recorded on December 20, dropping to 0.0753.

This high-to-low spread represents a total annual volatility of 0.0059 MOP. From a start-to-finish perspective, comparing the January average rate of 0.0796 to the December average rate of 0.0761, the exchange rate registered a net change of -4.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0812 was down 1.11% compared to the 2023 peak of 0.0821, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 406 MOP

2023 Average 395 MOP

Yearly Trough Low 377 MOP

Transaction Impact: A difference of 29.50 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0812

0.0756

JanuMarcMayJulySeptNove

CVE 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 0.0789, compared to 0.0787 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0789

H2 Avg (Jul–Dec) 0.0787

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0034 MOP (High: 0.0791 / Low: 0.0757). On the other end, September was the most stable month, with a tight range of 0.0010 MOP (High: 0.0812 / Low: 0.0802).

November Spread (Volatile) ±0.0034

September Spread (Stable) ±0.0010

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 0.0018 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0808) against the same month in 2023 (average: 0.0781), the exchange rate shifted by +0.0027 (+3.43%).

2024 Avg (September) 0.0808

2023 Avg (September) 0.0781

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0808	0.0790	0.0796
February	0.0795	0.0782	0.0788
March	0.0800	0.0787	0.0793
April	0.0794	0.0777	0.0785
May	0.0794	0.0775	0.0787
June	0.0795	0.0777	0.0784
July	0.0797	0.0781	0.0791
August	0.0812	0.0784	0.0800
September	0.0812	0.0802	0.0808
October	0.0804	0.0782	0.0791
November	0.0791	0.0757	0.0773
December	0.0769	0.0753	0.0761