YEARLY HIGH
66.4540 CRC
YEARLY LOW
61.7929 CRC
YEARLY AVERAGE
64.1564 CRC

2024 MOP to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MOP to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on July 8, valuing the pair at 66.4540. Conversely, the yearly low was recorded on April 4, dropping to 61.7929.

This high-to-low spread represents a total annual volatility of 4.6610 CRC. From a start-to-finish perspective, comparing the January average rate of 64.2191 to the December average rate of 63.1985, the exchange rate registered a net change of -1.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 66.4540 was down 9.84% compared to the 2023 peak of 73.7094, 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 332,270 CRC
2023 Average 335,911 CRC
Yearly Trough Low 308,965 CRC
Transaction Impact: A difference of 23,305.23 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

65.7807
62.2170
JanuMarcMayJulySeptNove

MOP to CRC 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 63.8211, compared to 64.4916 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6705 points.

H1 Avg (Jan–Jun) 63.8211
H2 Avg (Jul–Dec) 64.4916

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 1.6383 CRC (High: 66.4540 / Low: 64.8157). On the other end, November was the most stable month, with a tight range of 0.7619 CRC (High: 64.1035 / Low: 63.3416).

July Spread (Volatile) ±1.6383
November Spread (Stable) ±0.7619

Growth Streaks & Declines

Trends

Between April and July, 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 February and March, when the average rate fell by 0.8741 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.8741

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 65.4837) against the same month in 2023 (average: 67.1623), the exchange rate shifted by -1.6786 (-2.50%).

2024 Avg (July) 65.4837
2023 Avg (July) 67.1623

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 64.6873 63.4875 64.2191
February 64.5321 63.5104 64.0089
March 63.7968 62.3760 63.1349
April 63.1245 61.7929 62.5140
May 64.6950 63.3208 63.7275
June 66.1449 64.6781 65.3223
July 66.4540 64.8157 65.4837
August 66.0010 64.5854 65.3775
September 65.5905 64.3773 64.7215
October 64.9941 64.0049 64.4676
November 64.1035 63.3416 63.7010
December 63.7226 62.6804 63.1985