2024 MOP to HKD Historical Review

YEARLY HIGH

0.9790 HKD

YEARLY LOW

0.9624 HKD

YEARLY AVERAGE

0.9710 HKD

2024 MOP to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MOP to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.9790. Conversely, the yearly low was recorded on February 4, dropping to 0.9624.

This high-to-low spread represents a total annual volatility of 0.0166 HKD. From a start-to-finish perspective, comparing the January average rate of 0.9710 to the December average rate of 0.9712, the exchange rate registered a net change of 0.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9790 was down 0.57% compared to the 2023 peak of 0.9846, 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 4,895 HKD

2023 Average 4,856 HKD

Yearly Trough Low 4,812 HKD

Transaction Impact: A difference of 83.05 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9717

0.9701

JanuMarcMayJulySeptNove

MOP to HKD 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 0.9710, compared to 0.9709 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.9710

H2 Avg (Jul–Dec) 0.9709

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0109 HKD (High: 0.9790 / Low: 0.9681). On the other end, September was the most stable month, with a tight range of 0.0036 HKD (High: 0.9729 / Low: 0.9694).

August Spread (Volatile) ±0.0109

September Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0009 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.9716) against the same month in 2023 (average: 0.9711), the exchange rate shifted by +0.0005 (+0.05%).

2024 Avg (August) 0.9716

2023 Avg (August) 0.9711

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9736	0.9679	0.9710
February	0.9731	0.9624	0.9707
March	0.9757	0.9683	0.9713
April	0.9734	0.9684	0.9712
May	0.9760	0.9694	0.9711
June	0.9731	0.9648	0.9709
July	0.9739	0.9701	0.9712
August	0.9790	0.9681	0.9716
September	0.9729	0.9694	0.9707
October	0.9716	0.9672	0.9702
November	0.9751	0.9656	0.9707
December	0.9751	0.9694	0.9712