2024 KWD to MOP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 KWD to MOP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the KWD to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 3, valuing the pair at 26.3671. Conversely, the yearly low was recorded on December 21, dropping to 25.9061.
This high-to-low spread represents a total annual volatility of 0.4610 MOP. From a start-to-finish perspective, comparing the January average rate of 26.1737 to the December average rate of 26.0104, the exchange rate registered a net change of -0.62% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 26.3671 was down 1.54% compared to the 2023 peak of 26.7784, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
KWD to MOP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 26.1940, compared to 26.1821 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0119 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 0.2518 MOP (High: 26.3671 / Low: 26.1153). On the other end, July was the most stable month, with a tight range of 0.1008 MOP (High: 26.3385 / Low: 26.2377).
Growth Streaks & Declines
TrendsBetween 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 September and October, when the average rate fell by 0.1599 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 26.2641) against the same month in 2023 (average: 26.1714), the exchange rate shifted by +0.0927 (+0.35%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 26.2286 | 26.1185 | 26.1737 |
| February | 26.3598 | 26.1262 | 26.1770 |
| March | 26.2777 | 26.0702 | 26.1992 |
| April | 26.2585 | 26.1081 | 26.1882 |
| May | 26.2691 | 26.0848 | 26.1859 |
| June | 26.3528 | 26.1463 | 26.2402 |
| July | 26.3385 | 26.2377 | 26.2935 |
| August | 26.3671 | 26.1153 | 26.2641 |
| September | 26.3609 | 26.1944 | 26.2966 |
| October | 26.2310 | 26.0896 | 26.1367 |
| November | 26.2060 | 25.9592 | 26.0916 |
| December | 26.1263 | 25.9061 | 26.0104 |