2024 MAD to MOP Historical Review

YEARLY HIGH

0.8400 MOP

YEARLY LOW

0.7918 MOP

YEARLY AVERAGE

0.8087 MOP

2024 MAD to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 0.8400. Conversely, the yearly low was recorded on December 30, dropping to 0.7918.

This high-to-low spread represents a total annual volatility of 0.0482 MOP. From a start-to-finish perspective, comparing the January average rate of 0.8089 to the December average rate of 0.7991, the exchange rate registered a net change of -1.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8400 was up 0.49% compared to the 2023 peak of 0.8358, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,200 MOP

2023 Average 3,983 MOP

Yearly Trough Low 3,959 MOP

Transaction Impact: A difference of 240.92 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8278

0.7962

JanuMarcMayJulySeptNove

MAD 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 0.8039, compared to 0.8135 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0096 points.

H1 Avg (Jan–Jun) 0.8039

H2 Avg (Jul–Dec) 0.8135

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0306 MOP (High: 0.8400 / Low: 0.8093). On the other end, September was the most stable month, with a tight range of 0.0105 MOP (High: 0.8298 / Low: 0.8193).

August Spread (Volatile) ±0.0306

September Spread (Stable) ±0.0105

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0120 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0120

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.8229) against the same month in 2023 (average: 0.8141), the exchange rate shifted by +0.0087 (+1.07%).

2024 Avg (August) 0.8229

2023 Avg (August) 0.8141

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8175	0.8027	0.8089
February	0.8065	0.7951	0.8011
March	0.8076	0.7950	0.8011
April	0.8050	0.7931	0.7988
May	0.8117	0.7969	0.8052
June	0.8153	0.8006	0.8082
July	0.8216	0.8067	0.8157
August	0.8400	0.8093	0.8229
September	0.8298	0.8193	0.8252
October	0.8201	0.8056	0.8131
November	0.8157	0.7965	0.8051
December	0.8065	0.7918	0.7991