2024 MOP to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 MOP to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the MOP to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 560.6982. Conversely, the yearly low was recorded on April 8, dropping to 466.8326.
This high-to-low spread represents a total annual volatility of 93.8657 COP. From a start-to-finish perspective, comparing the January average rate of 486.8988 to the December average rate of 548.6895, the exchange rate registered a net change of 12.69% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 560.6982 was down 9.26% compared to the 2023 peak of 617.9154, 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 COP 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 487.0345, compared to 526.5037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 39.4691 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 41.8007 COP (High: 519.7710 / Low: 477.9703). On the other end, February was the most stable month, with a tight range of 9.1480 COP (High: 492.1105 / Low: 482.9625).
Growth Streaks & Declines
TrendsBetween July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 4.6103 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 549.7161) against the same month in 2023 (average: 501.8162), the exchange rate shifted by +47.8999 (+9.55%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 492.4540 | 481.8181 | 486.8988 |
| February | 492.1105 | 482.9625 | 487.5162 |
| March | 489.1598 | 476.9594 | 483.9766 |
| April | 490.5358 | 466.8326 | 479.3663 |
| May | 485.1983 | 473.7664 | 480.4121 |
| June | 519.7710 | 477.9703 | 504.0372 |
| July | 514.3714 | 490.9249 | 502.2428 |
| August | 516.5703 | 497.7677 | 505.4467 |
| September | 534.8616 | 514.0670 | 521.2905 |
| October | 551.4297 | 518.5254 | 531.6364 |
| November | 560.6982 | 538.0582 | 549.7161 |
| December | 556.8052 | 538.0868 | 548.6895 |