2024 MOP to CLP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 MOP to CLP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the MOP to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 124.5596. Conversely, the yearly low was recorded on January 1, dropping to 109.4539.
This high-to-low spread represents a total annual volatility of 15.1058 CLP. From a start-to-finish perspective, comparing the January average rate of 112.9027 to the December average rate of 122.8953, the exchange rate registered a net change of 8.85% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 124.5596 was up 5.96% compared to the 2023 peak of 117.5524, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
MOP to CLP 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 116.8192, compared to 118.1370 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3178 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 8.8694 CLP (High: 119.2408 / Low: 110.3715). On the other end, December was the most stable month, with a tight range of 3.5283 CLP (High: 124.5596 / Low: 121.0313).
Growth Streaks & Declines
TrendsBetween September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 4.6422 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 122.8953) against the same month in 2023 (average: 108.7729), the exchange rate shifted by +14.1224 (+12.98%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 115.7229 | 109.4539 | 112.9027 |
| February | 122.9111 | 116.2611 | 119.9082 |
| March | 122.8761 | 116.8653 | 120.0772 |
| April | 122.3081 | 116.7061 | 118.6135 |
| May | 119.2408 | 110.3715 | 113.9713 |
| June | 118.6285 | 111.9131 | 115.4421 |
| July | 118.8898 | 112.6609 | 116.2501 |
| August | 119.0811 | 112.9069 | 115.7942 |
| September | 118.2148 | 112.3000 | 115.4097 |
| October | 120.1721 | 113.0262 | 117.1375 |
| November | 123.0943 | 118.8819 | 121.3349 |
| December | 124.5596 | 121.0313 | 122.8953 |