YEARLY HIGH
0.0234 MOP
YEARLY LOW
0.0200 MOP
YEARLY AVERAGE
0.0220 MOP

2024 HUF to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0234. Conversely, the yearly low was recorded on December 19, dropping to 0.0200.

This high-to-low spread represents a total annual volatility of 0.0034 MOP. From a start-to-finish perspective, comparing the January average rate of 0.0230 to the December average rate of 0.0203, the exchange rate registered a net change of -11.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0234 was down 3.45% compared to the 2023 peak of 0.0242, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 23,364 MOP
2023 Average 22,857 MOP
Yearly Trough Low 20,006 MOP
Transaction Impact: A difference of 3,357.53 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0233
0.0201
JanuMarcMayJulySeptNove

HUF 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 0.0223, compared to 0.0217 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0223
H2 Avg (Jul–Dec) 0.0217

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0011 MOP (High: 0.0214 / Low: 0.0203). On the other end, September was the most stable month, with a tight range of 0.0005 MOP (High: 0.0228 / Low: 0.0223).

November Spread (Volatile) ±0.0011
September Spread (Stable) ±0.0005

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 0.0009 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0230) against the same month in 2023 (average: 0.0220), the exchange rate shifted by +0.0010 (+4.45%).

2024 Avg (January) 0.0230
2023 Avg (January) 0.0220

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0234 0.0224 0.0230
February 0.0228 0.0222 0.0224
March 0.0224 0.0218 0.0222
April 0.0224 0.0217 0.0220
May 0.0228 0.0221 0.0225
June 0.0225 0.0216 0.0219
July 0.0225 0.0219 0.0222
August 0.0229 0.0219 0.0224
September 0.0228 0.0223 0.0226
October 0.0222 0.0213 0.0217
November 0.0214 0.0203 0.0208
December 0.0206 0.0200 0.0203