2024 FKP to MOP Historical Review

YEARLY HIGH

10.7709 MOP

YEARLY LOW

9.9574 MOP

YEARLY AVERAGE

10.2704 MOP

2024 FKP to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 10.7709. Conversely, the yearly low was recorded on April 20, dropping to 9.9574.

This high-to-low spread represents a total annual volatility of 0.8135 MOP. From a start-to-finish perspective, comparing the January average rate of 10.2303 to the December average rate of 10.1126, the exchange rate registered a net change of -1.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 10.7709 was up 1.83% compared to the 2023 peak of 10.5775, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 53,855 MOP

2023 Average 50,135 MOP

Yearly Trough Low 49,787 MOP

Transaction Impact: A difference of 4,067.45 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

10.6635

10.0344

JanuMarcMayJulySeptNove

FKP 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 10.1860, compared to 10.3547 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1687 points.

H1 Avg (Jan–Jun) 10.1860

H2 Avg (Jul–Dec) 10.3547

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.4662 MOP (High: 10.6502 / Low: 10.1840). On the other end, January was the most stable month, with a tight range of 0.1297 MOP (High: 10.2924 / Low: 10.1627).

August Spread (Volatile) ±0.4662

January Spread (Stable) ±0.1297

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.2294 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.2294

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 10.6111) against the same month in 2023 (average: 9.9885), the exchange rate shifted by +0.6226 (+6.23%).

2024 Avg (September) 10.6111

2023 Avg (September) 9.9885

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.2924	10.1627	10.2303
February	10.2580	10.1099	10.1775
March	10.3612	10.1024	10.2354
April	10.2253	9.9574	10.0868
May	10.2812	10.0623	10.1643
June	10.3120	10.1361	10.2219
July	10.4562	10.1762	10.3494
August	10.6502	10.1840	10.3900
September	10.7709	10.4693	10.6111
October	10.6195	10.3198	10.4472
November	10.4424	10.0440	10.2178
December	10.2421	10.0048	10.1126