2024 GHS to MOP Historical Review

YEARLY HIGH

0.6759 MOP

YEARLY LOW

0.4880 MOP

YEARLY AVERAGE

0.5606 MOP

2024 GHS to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GHS to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.6759. Conversely, the yearly low was recorded on November 7, dropping to 0.4880.

This high-to-low spread represents a total annual volatility of 0.1879 MOP. From a start-to-finish perspective, comparing the January average rate of 0.6684 to the December average rate of 0.5415, the exchange rate registered a net change of -18.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6759 was down 29.72% compared to the 2023 peak of 0.9617, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,380 MOP

2023 Average 3,456 MOP

Yearly Trough Low 2,440 MOP

Transaction Impact: A difference of 939.54 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6852

0.4831

JanuMarcMayJulySeptNove

GHS 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 0.6065, compared to 0.5147 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0918 points.

H1 Avg (Jan–Jun) 0.6065

H2 Avg (Jul–Dec) 0.5147

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0442 MOP (High: 0.5882 / Low: 0.5439). On the other end, August was the most stable month, with a tight range of 0.0048 MOP (High: 0.5174 / Low: 0.5126).

May Spread (Volatile) ±0.0442

August Spread (Stable) ±0.0048

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 April and May, when the average rate fell by 0.0334 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0334

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.6684) against the same month in 2023 (average: 0.7103), the exchange rate shifted by -0.0419 (-5.89%).

2024 Avg (January) 0.6684

2023 Avg (January) 0.7103

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6759	0.6514	0.6684
February	0.6524	0.6374	0.6466
March	0.6367	0.6082	0.6227
April	0.6083	0.5899	0.5999
May	0.5882	0.5439	0.5665
June	0.5460	0.5272	0.5348
July	0.5260	0.5174	0.5213
August	0.5174	0.5126	0.5144
September	0.5135	0.5072	0.5112
October	0.5057	0.4913	0.5001
November	0.5223	0.4880	0.4999
December	0.5467	0.5211	0.5415