YEARLY HIGH
0.9007 DKK
YEARLY LOW
0.8293 DKK
YEARLY AVERAGE
0.8581 DKK

2024 MOP to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MOP to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.9007. Conversely, the yearly low was recorded on August 24, dropping to 0.8293.

This high-to-low spread represents a total annual volatility of 0.0714 DKK. From a start-to-finish perspective, comparing the January average rate of 0.8493 to the December average rate of 0.8899, the exchange rate registered a net change of 4.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9007 was up 2.01% compared to the 2023 peak of 0.8829, 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 4,503 DKK
2023 Average 4,274 DKK
Yearly Trough Low 4,147 DKK
Transaction Impact: A difference of 356.76 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8953
0.8314
JanuMarcMayJulySeptNove

MOP to DKK 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 0.8569, compared to 0.8593 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.8569
H2 Avg (Jul–Dec) 0.8593

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0411 DKK (High: 0.8930 / Low: 0.8519). On the other end, May was the most stable month, with a tight range of 0.0117 DKK (High: 0.8637 / Low: 0.8521).

November Spread (Volatile) ±0.0411
May Spread (Stable) ±0.0117

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 0.0113 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0113

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.8899) against the same month in 2023 (average: 0.8479), the exchange rate shifted by +0.0421 (+4.96%).

2024 Avg (December) 0.8899
2023 Avg (December) 0.8479

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8584 0.8371 0.8493
February 0.8644 0.8508 0.8572
March 0.8606 0.8450 0.8520
April 0.8712 0.8516 0.8630
May 0.8637 0.8521 0.8579
June 0.8701 0.8495 0.8618
July 0.8632 0.8484 0.8550
August 0.8601 0.8293 0.8436
September 0.8441 0.8307 0.8367
October 0.8647 0.8426 0.8549
November 0.8930 0.8519 0.8760
December 0.9007 0.8782 0.8899