YEARLY HIGH
1.0391 MOP
YEARLY LOW
1.0214 MOP
YEARLY AVERAGE
1.0299 MOP

2024 HKD to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 1.0391. Conversely, the yearly low was recorded on August 4, dropping to 1.0214.

This high-to-low spread represents a total annual volatility of 0.0176 MOP. From a start-to-finish perspective, comparing the January average rate of 1.0299 to the December average rate of 1.0296, the exchange rate registered a net change of -0.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0391 was down 0.04% compared to the 2023 peak of 1.0394, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 25,977 MOP
2023 Average 25,740 MOP
Yearly Trough Low 25,536 MOP
Transaction Impact: A difference of 440.73 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0309
1.0291
JanuMarcMayJulySeptNove

HKD 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 1.0298, compared to 1.0299 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 1.0298
H2 Avg (Jul–Dec) 1.0299

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0115 MOP (High: 1.0330 / Low: 1.0214). On the other end, September was the most stable month, with a tight range of 0.0038 MOP (High: 1.0316 / Low: 1.0278).

August Spread (Volatile) ±0.0115
September Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 1.0301) against the same month in 2023 (average: 1.0301), the exchange rate shifted by +0.0001 (+0.01%).

2024 Avg (February) 1.0301
2023 Avg (February) 1.0301

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0331 1.0271 1.0299
February 1.0391 1.0277 1.0301
March 1.0328 1.0249 1.0295
April 1.0326 1.0273 1.0296
May 1.0316 1.0246 1.0298
June 1.0365 1.0276 1.0300
July 1.0308 1.0268 1.0297
August 1.0330 1.0214 1.0293
September 1.0316 1.0278 1.0302
October 1.0339 1.0293 1.0307
November 1.0356 1.0255 1.0301
December 1.0316 1.0255 1.0296