2024 JOD to MOP Historical Review

YEARLY HIGH

11.4599 MOP

YEARLY LOW

11.2414 MOP

YEARLY AVERAGE

11.3356 MOP

2024 JOD to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 11.4599. Conversely, the yearly low was recorded on December 21, dropping to 11.2414.

This high-to-low spread represents a total annual volatility of 0.2184 MOP. From a start-to-finish perspective, comparing the January average rate of 11.3474 to the December average rate of 11.2853, the exchange rate registered a net change of -0.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 11.4599 was down 0.32% compared to the 2023 peak of 11.4971, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 57,299 MOP

2023 Average 56,828 MOP

Yearly Trough Low 56,207 MOP

Transaction Impact: A difference of 1,092.10 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11.3848

11.2763

JanuMarcMayJulySeptNove

JOD 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 11.3575, compared to 11.3136 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0439 points.

H1 Avg (Jan–Jun) 11.3575

H2 Avg (Jul–Dec) 11.3136

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.1251 MOP (High: 11.4599 / Low: 11.3348). On the other end, July was the most stable month, with a tight range of 0.0480 MOP (High: 11.3628 / Low: 11.3148).

February Spread (Volatile) ±0.1251

July Spread (Stable) ±0.0480

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 April and May, when the average rate fell by 0.0281 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0281

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 11.3630) against the same month in 2023 (average: 11.3931), the exchange rate shifted by -0.0301 (-0.26%).

2024 Avg (February) 11.3630

2023 Avg (February) 11.3931

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.3780	11.3100	11.3474
February	11.4599	11.3348	11.3630
March	11.3921	11.3124	11.3617
April	11.4062	11.3492	11.3757
May	11.3698	11.2775	11.3476
June	11.4230	11.3170	11.3497
July	11.3628	11.3148	11.3467
August	11.3649	11.2469	11.3235
September	11.3498	11.2889	11.3258
October	11.3334	11.2793	11.2986
November	11.3552	11.2566	11.3016
December	11.3156	11.2414	11.2853