YEARLY HIGH
2053.9889 IDR
YEARLY LOW
1887.3254 IDR
YEARLY AVERAGE
1974.3240 IDR

2024 MOP to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MOP to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 2053.9889. Conversely, the yearly low was recorded on September 24, dropping to 1887.3254.

This high-to-low spread represents a total annual volatility of 166.6635 IDR. From a start-to-finish perspective, comparing the January average rate of 1940.4576 to the December average rate of 2007.3649, the exchange rate registered a net change of 3.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2053.9889 was up 3.74% compared to the 2023 peak of 1979.9636, 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 10,269,944 IDR
2023 Average 9,454,803 IDR
Yearly Trough Low 9,436,627 IDR
Transaction Impact: A difference of 833,317.33 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2046.3774
1897.8556
JanuMarcMayJulySeptNove

MOP to IDR 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 1977.4291, compared to 1971.2188 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.2103 points.

H1 Avg (Jan–Jun) 1977.4291
H2 Avg (Jul–Dec) 1971.2188

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 108.8329 IDR (High: 2025.1349 / Low: 1916.3020). On the other end, February was the most stable month, with a tight range of 23.3899 IDR (High: 1957.1918 / Low: 1933.8019).

August Spread (Volatile) ±108.8329
February Spread (Stable) ±23.3899

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 July and August, when the average rate fell by 57.0890 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -57.0890

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 2034.0006) against the same month in 2023 (average: 1852.9333), the exchange rate shifted by +181.0673 (+9.77%).

2024 Avg (June) 2034.0006
2023 Avg (June) 1852.9333

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1969.0319 1907.2596 1940.4576
February 1957.1918 1933.8019 1944.0020
March 1972.8178 1927.2167 1951.2894
April 2026.1535 1971.3020 1997.6610
May 2019.1911 1980.6117 1997.1642
June 2053.9889 2010.3721 2034.0006
July 2037.5158 2003.4688 2020.6796
August 2025.1349 1916.3020 1963.5907
September 1937.2323 1887.3254 1910.2324
October 1970.7592 1910.0940 1948.9558
November 1994.7584 1944.2227 1976.4896
December 2040.8539 1977.6063 2007.3649