YEARLY HIGH
0.0979 MOP
YEARLY LOW
0.0931 MOP
YEARLY AVERAGE
0.0960 MOP

2024 INR to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the INR to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.0979. Conversely, the yearly low was recorded on December 30, dropping to 0.0931.

This high-to-low spread represents a total annual volatility of 0.0048 MOP. From a start-to-finish perspective, comparing the January average rate of 0.0969 to the December average rate of 0.0942, the exchange rate registered a net change of -2.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0979 was down 1.70% compared to the 2023 peak of 0.0996, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 24,480 MOP
2023 Average 24,407 MOP
Yearly Trough Low 23,280 MOP
Transaction Impact: A difference of 1,200.06 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0974
0.0939
JanuMarcMayJulySeptNove

INR 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 0.0967, compared to 0.0953 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0967
H2 Avg (Jul–Dec) 0.0953

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0016 MOP (High: 0.0947 / Low: 0.0931). On the other end, October was the most stable month, with a tight range of 0.0004 MOP (High: 0.0956 / Low: 0.0951).

December Spread (Volatile) ±0.0016
October Spread (Stable) ±0.0004

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 November and December, when the average rate fell by 0.0008 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0971) against the same month in 2023 (average: 0.0978), the exchange rate shifted by -0.0007 (-0.73%).

2024 Avg (February) 0.0971
2023 Avg (February) 0.0978

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0972 0.0965 0.0969
February 0.0979 0.0969 0.0971
March 0.0974 0.0959 0.0970
April 0.0969 0.0963 0.0967
May 0.0968 0.0960 0.0965
June 0.0969 0.0960 0.0964
July 0.0965 0.0960 0.0962
August 0.0960 0.0951 0.0957
September 0.0962 0.0954 0.0958
October 0.0956 0.0951 0.0953
November 0.0954 0.0946 0.0950
December 0.0947 0.0931 0.0942