2024 MOP to CVE Historical Review

YEARLY HIGH

13.2742 CVE

YEARLY LOW

12.3099 CVE

YEARLY AVERAGE

12.6943 CVE

2024 MOP to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MOP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 13.2742. Conversely, the yearly low was recorded on September 22, dropping to 12.3099.

This high-to-low spread represents a total annual volatility of 0.9642 CVE. From a start-to-finish perspective, comparing the January average rate of 12.5636 to the December average rate of 13.1485, the exchange rate registered a net change of 4.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 13.2742 was up 1.44% compared to the 2023 peak of 13.0863, 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 66,371 CVE

2023 Average 63,324 CVE

Yearly Trough Low 61,550 CVE

Transaction Impact: A difference of 4,821.17 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

13.2251

12.3059

JanuMarcMayJulySeptNove

MOP to CVE 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 12.6761, compared to 12.7125 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0365 points.

H1 Avg (Jan–Jun) 12.6761

H2 Avg (Jul–Dec) 12.7125

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.5699 CVE (High: 13.2142 / Low: 12.6443). On the other end, September was the most stable month, with a tight range of 0.1518 CVE (High: 12.4618 / Low: 12.3099).

November Spread (Volatile) ±0.5699

September Spread (Stable) ±0.1518

Growth Streaks & Declines

Trends

Between 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 July and August, when the average rate fell by 0.1451 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1451

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 13.1485) against the same month in 2023 (average: 12.5626), the exchange rate shifted by +0.5859 (+4.66%).

2024 Avg (December) 13.1485

2023 Avg (December) 12.5626

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.6618	12.3715	12.5636
February	12.7945	12.5799	12.6932
March	12.7113	12.5016	12.6084
April	12.8742	12.5920	12.7406
May	12.9103	12.5937	12.7012
June	12.8733	12.5813	12.7494
July	12.8051	12.5400	12.6466
August	12.7540	12.3112	12.5015
September	12.4618	12.3099	12.3825
October	12.7911	12.4355	12.6491
November	13.2142	12.6443	12.9469
December	13.2742	12.9968	13.1485