2024 ISK to MOP Historical Review

YEARLY HIGH

0.0596 MOP

YEARLY LOW

0.0568 MOP

YEARLY AVERAGE

0.0583 MOP

2024 ISK to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.0596. Conversely, the yearly low was recorded on April 16, dropping to 0.0568.

This high-to-low spread represents a total annual volatility of 0.0029 MOP. From a start-to-finish perspective, comparing the January average rate of 0.0588 to the December average rate of 0.0577, the exchange rate registered a net change of -1.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0596 was down 3.85% compared to the 2023 peak of 0.0620, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 298 MOP

2023 Average 293 MOP

Yearly Trough Low 284 MOP

Transaction Impact: A difference of 14.39 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0589

0.0574

JanuMarcMayJulySeptNove

ISK 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 0.0582, compared to 0.0583 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0582

H2 Avg (Jul–Dec) 0.0583

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0018 MOP (High: 0.0596 / Low: 0.0578). On the other end, July was the most stable month, with a tight range of 0.0009 MOP (High: 0.0588 / Low: 0.0579).

March Spread (Volatile) ±0.0018

July Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between April and July, 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 March and April, when the average rate fell by 0.0012 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0587) against the same month in 2023 (average: 0.0577), the exchange rate shifted by +0.0010 (+1.73%).

2024 Avg (March) 0.0587

2023 Avg (March) 0.0577

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0596	0.0583	0.0588
February	0.0592	0.0580	0.0585
March	0.0596	0.0578	0.0587
April	0.0581	0.0568	0.0575
May	0.0587	0.0575	0.0580
June	0.0587	0.0575	0.0580
July	0.0588	0.0579	0.0584
August	0.0590	0.0578	0.0583
September	0.0594	0.0578	0.0586
October	0.0592	0.0579	0.0585
November	0.0588	0.0574	0.0581
December	0.0584	0.0572	0.0577