YEARLY HIGH
0.0527 MOP
YEARLY LOW
0.0503 MOP
YEARLY AVERAGE
0.0514 MOP

2024 JMD to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.0527. Conversely, the yearly low was recorded on November 23, dropping to 0.0503.

This high-to-low spread represents a total annual volatility of 0.0024 MOP. From a start-to-finish perspective, comparing the January average rate of 0.0519 to the December average rate of 0.0512, the exchange rate registered a net change of -1.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0527 was down 1.93% compared to the 2023 peak of 0.0538, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 264 MOP
2023 Average 262 MOP
Yearly Trough Low 251 MOP
Transaction Impact: A difference of 12.19 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0523
0.0504
JanuMarcMayJulySeptNove

JMD 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 0.0518, compared to 0.0510 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0518
H2 Avg (Jul–Dec) 0.0510

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0011 MOP (High: 0.0527 / Low: 0.0516). On the other end, August was the most stable month, with a tight range of 0.0004 MOP (High: 0.0514 / Low: 0.0511).

April Spread (Volatile) ±0.0011
August Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between October and December, 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 September and October, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0520) against the same month in 2023 (average: 0.0531), the exchange rate shifted by -0.0011 (-2.07%).

2024 Avg (April) 0.0520
2023 Avg (April) 0.0531

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0523 0.0517 0.0519
February 0.0518 0.0513 0.0515
March 0.0525 0.0517 0.0521
April 0.0527 0.0516 0.0520
May 0.0518 0.0513 0.0515
June 0.0520 0.0515 0.0517
July 0.0517 0.0513 0.0514
August 0.0514 0.0511 0.0512
September 0.0516 0.0508 0.0511
October 0.0509 0.0504 0.0506
November 0.0509 0.0503 0.0506
December 0.0514 0.0509 0.0512