YEARLY HIGH
0.2133 AZN
YEARLY LOW
0.2092 AZN
YEARLY AVERAGE
0.2116 AZN

2024 MOP to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MOP to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.2133. Conversely, the yearly low was recorded on February 4, dropping to 0.2092.

This high-to-low spread represents a total annual volatility of 0.0041 AZN. From a start-to-finish perspective, comparing the January average rate of 0.2112 to the December average rate of 0.2124, the exchange rate registered a net change of 0.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2133 was up 0.02% compared to the 2023 peak of 0.2132, 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 1,066 AZN
2023 Average 1,055 AZN
Yearly Trough Low 1,046 AZN
Transaction Impact: A difference of 20.56 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2125
0.2107
JanuMarcMayJulySeptNove

MOP to AZN 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 0.2111, compared to 0.2120 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.2111
H2 Avg (Jul–Dec) 0.2120

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0023 AZN (High: 0.2115 / Low: 0.2092). On the other end, July was the most stable month, with a tight range of 0.0009 AZN (High: 0.2120 / Low: 0.2111).

February Spread (Volatile) ±0.0023
July Spread (Stable) ±0.0009

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 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.2118) against the same month in 2023 (average: 0.2109), the exchange rate shifted by +0.0009 (+0.43%).

2024 Avg (August) 0.2118
2023 Avg (August) 0.2109

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2120 0.2106 0.2112
February 0.2115 0.2092 0.2110
March 0.2126 0.2105 0.2111
April 0.2118 0.2103 0.2109
May 0.2126 0.2110 0.2113
June 0.2120 0.2100 0.2113
July 0.2120 0.2111 0.2114
August 0.2133 0.2111 0.2118
September 0.2125 0.2113 0.2118
October 0.2127 0.2117 0.2123
November 0.2130 0.2111 0.2121
December 0.2132 0.2119 0.2124