YEARLY HIGH
0.4608 AED
YEARLY LOW
0.4519 AED
YEARLY AVERAGE
0.4571 AED

2024 MOP to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MOP to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.4608. Conversely, the yearly low was recorded on February 4, dropping to 0.4519.

This high-to-low spread represents a total annual volatility of 0.0089 AED. From a start-to-finish perspective, comparing the January average rate of 0.4563 to the December average rate of 0.4589, the exchange rate registered a net change of 0.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4608 was up 0.02% compared to the 2023 peak of 0.4607, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,304 AED
2023 Average 2,278 AED
Yearly Trough Low 2,260 AED
Transaction Impact: A difference of 44.40 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4592
0.4551
JanuMarcMayJulySeptNove

MOP to AED 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 0.4561, compared to 0.4580 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.4561
H2 Avg (Jul–Dec) 0.4580

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0050 AED (High: 0.4569 / Low: 0.4519). On the other end, July was the most stable month, with a tight range of 0.0019 AED (High: 0.4580 / Low: 0.4561).

February Spread (Volatile) ±0.0050
July Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between June and August, 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 March and April, 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 (August 2024: 0.4577) against the same month in 2023 (average: 0.4557), the exchange rate shifted by +0.0019 (+0.43%).

2024 Avg (August) 0.4577
2023 Avg (August) 0.4557

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4578 0.4550 0.4563
February 0.4569 0.4519 0.4558
March 0.4579 0.4548 0.4560
April 0.4564 0.4544 0.4555
May 0.4594 0.4558 0.4566
June 0.4580 0.4536 0.4566
July 0.4580 0.4561 0.4568
August 0.4608 0.4560 0.4577
September 0.4592 0.4566 0.4576
October 0.4595 0.4574 0.4587
November 0.4602 0.4562 0.4583
December 0.4606 0.4578 0.4589