2024 ILS to MOP Historical Review

YEARLY HIGH

2.2601 MOP

YEARLY LOW

2.0941 MOP

YEARLY AVERAGE

2.1718 MOP

2024 ILS to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 1, valuing the pair at 2.2601. Conversely, the yearly low was recorded on August 5, dropping to 2.0941.

This high-to-low spread represents a total annual volatility of 0.1661 MOP. From a start-to-finish perspective, comparing the January average rate of 2.1710 to the December average rate of 2.2092, the exchange rate registered a net change of 1.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.2601 was down 5.73% compared to the 2023 peak of 2.3975, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,301 MOP

2023 Average 10,951 MOP

Yearly Trough Low 10,470 MOP

Transaction Impact: A difference of 830.25 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2265

2.1178

JanuMarcMayJulySeptNove

ILS 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 2.1788, compared to 2.1649 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0140 points.

H1 Avg (Jan–Jun) 2.1788

H2 Avg (Jul–Dec) 2.1649

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1229 MOP (High: 2.2170 / Low: 2.0941). On the other end, May was the most stable month, with a tight range of 0.0521 MOP (High: 2.1975 / Low: 2.1454).

August Spread (Volatile) ±0.1229

May Spread (Stable) ±0.0521

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0721 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0721

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 2.2174) against the same month in 2023 (average: 2.2331), the exchange rate shifted by -0.0157 (-0.70%).

2024 Avg (March) 2.2174

2023 Avg (March) 2.2331

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2398	2.1229	2.1710
February	2.2579	2.1800	2.2113
March	2.2601	2.1795	2.2174
April	2.1909	2.1131	2.1453
May	2.1975	2.1454	2.1730
June	2.1945	2.1336	2.1550
July	2.2257	2.1335	2.1898
August	2.2170	2.0941	2.1569
September	2.2152	2.1174	2.1517
October	2.1644	2.1042	2.1269
November	2.2077	2.1321	2.1546
December	2.2501	2.1712	2.2092