2024 MOP to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 MOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |