YEARLY HIGH
0.8676 BOB
YEARLY LOW
0.8541 BOB
YEARLY AVERAGE
0.8602 BOB

2024 MOP to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MOP to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.8676. Conversely, the yearly low was recorded on March 7, dropping to 0.8541.

This high-to-low spread represents a total annual volatility of 0.0135 BOB. From a start-to-finish perspective, comparing the January average rate of 0.8582 to the December average rate of 0.8633, the exchange rate registered a net change of 0.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8676 was up 0.19% compared to the 2023 peak of 0.8659, 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 4,338 BOB
2023 Average 4,285 BOB
Yearly Trough Low 4,270 BOB
Transaction Impact: A difference of 67.67 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8646
0.8572
JanuMarcMayJulySeptNove

MOP to BOB 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 0.8584, compared to 0.8619 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.8584
H2 Avg (Jul–Dec) 0.8619

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0071 BOB (High: 0.8669 / Low: 0.8598). On the other end, July was the most stable month, with a tight range of 0.0010 BOB (High: 0.8596 / Low: 0.8586).

September Spread (Volatile) ±0.0071
July Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0007 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.8633) against the same month in 2023 (average: 0.8590), the exchange rate shifted by +0.0043 (+0.50%).

2024 Avg (December) 0.8633
2023 Avg (December) 0.8590

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8593 0.8573 0.8582
February 0.8608 0.8572 0.8579
March 0.8606 0.8541 0.8578
April 0.8603 0.8561 0.8583
May 0.8604 0.8575 0.8590
June 0.8598 0.8578 0.8591
July 0.8596 0.8586 0.8591
August 0.8621 0.8584 0.8604
September 0.8669 0.8598 0.8613
October 0.8668 0.8628 0.8640
November 0.8662 0.8615 0.8633
December 0.8676 0.8618 0.8633