YEARLY HIGH
0.2908 FJD
YEARLY LOW
0.2720 FJD
YEARLY AVERAGE
0.2799 FJD

2024 MOP to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MOP to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.2908. Conversely, the yearly low was recorded on January 1, dropping to 0.2720.

This high-to-low spread represents a total annual volatility of 0.0188 FJD. From a start-to-finish perspective, comparing the January average rate of 0.2774 to the December average rate of 0.2883, the exchange rate registered a net change of 3.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2908 was up 1.51% compared to the 2023 peak of 0.2865, 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 1,454 FJD
2023 Average 1,383 FJD
Yearly Trough Low 1,360 FJD
Transaction Impact: A difference of 94.12 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2896
0.2738
JanuMarcMayJulySeptNove

MOP to FJD 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 0.2795, compared to 0.2804 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.2795
H2 Avg (Jul–Dec) 0.2804

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0110 FJD (High: 0.2849 / Low: 0.2739). On the other end, June was the most stable month, with a tight range of 0.0047 FJD (High: 0.2817 / Low: 0.2770).

October Spread (Volatile) ±0.0110
June Spread (Stable) ±0.0047

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0029 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2883) against the same month in 2023 (average: 0.2751), the exchange rate shifted by +0.0132 (+4.79%).

2024 Avg (December) 0.2883
2023 Avg (December) 0.2751

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2815 0.2720 0.2774
February 0.2827 0.2768 0.2792
March 0.2834 0.2765 0.2796
April 0.2844 0.2775 0.2811
May 0.2843 0.2770 0.2805
June 0.2817 0.2770 0.2795
July 0.2817 0.2762 0.2790
August 0.2833 0.2735 0.2780
September 0.2792 0.2724 0.2751
October 0.2849 0.2739 0.2789
November 0.2865 0.2785 0.2828
December 0.2908 0.2829 0.2883