YEARLY HIGH
0.1436 MOP
YEARLY LOW
0.0625 MOP
YEARLY AVERAGE
0.1109 MOP

2024 ETB to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.1436. Conversely, the yearly low was recorded on December 31, dropping to 0.0625.

This high-to-low spread represents a total annual volatility of 0.0810 MOP. From a start-to-finish perspective, comparing the January average rate of 0.1427 to the December average rate of 0.0632, the exchange rate registered a net change of -55.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1436 was down 4.93% compared to the 2023 peak of 0.1510, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 718 MOP
2023 Average 736 MOP
Yearly Trough Low 313 MOP
Transaction Impact: A difference of 405.07 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1506
0.0553
JanuMarcMayJulySeptNove

ETB 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 0.1415, compared to 0.0803 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0611 points.

H1 Avg (Jan–Jun) 0.1415
H2 Avg (Jul–Dec) 0.0803

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0337 MOP (High: 0.1403 / Low: 0.1067). On the other end, March was the most stable month, with a tight range of 0.0010 MOP (High: 0.1426 / Low: 0.1416).

July Spread (Volatile) ±0.0337
March Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0594 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0594

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1427) against the same month in 2023 (average: 0.1502), the exchange rate shifted by -0.0075 (-4.99%).

2024 Avg (January) 0.1427
2023 Avg (January) 0.1502

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1436 0.1422 0.1427
February 0.1434 0.1420 0.1423
March 0.1426 0.1416 0.1420
April 0.1423 0.1405 0.1417
May 0.1412 0.1398 0.1403
June 0.1409 0.1391 0.1399
July 0.1403 0.1067 0.1384
August 0.1021 0.0713 0.0790
September 0.0728 0.0669 0.0696
October 0.0676 0.0656 0.0665
November 0.0667 0.0634 0.0654
December 0.0644 0.0625 0.0632