2024 MOP to INR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 MOP to INR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the MOP to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 10.7387. Conversely, the yearly low was recorded on February 4, dropping to 10.2123.
This high-to-low spread represents a total annual volatility of 0.5264 INR. From a start-to-finish perspective, comparing the January average rate of 10.3238 to the December average rate of 10.6205, the exchange rate registered a net change of 2.87% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 10.7387 was up 3.06% compared to the 2023 peak of 10.4196, 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 INR 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 10.3367, compared to 10.4886 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1519 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 0.1842 INR (High: 10.7387 / Low: 10.5545). On the other end, October was the most stable month, with a tight range of 0.0486 INR (High: 10.5131 / Low: 10.4645).
Growth Streaks & Declines
TrendsBetween February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0263 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 10.6205) against the same month in 2023 (average: 10.3365), the exchange rate shifted by +0.2840 (+2.75%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.3680 | 10.2924 | 10.3238 |
| February | 10.3178 | 10.2123 | 10.2975 |
| March | 10.4252 | 10.2659 | 10.3123 |
| April | 10.3828 | 10.3176 | 10.3455 |
| May | 10.4196 | 10.3256 | 10.3635 |
| June | 10.4188 | 10.3164 | 10.3775 |
| July | 10.4184 | 10.3666 | 10.3964 |
| August | 10.5153 | 10.4121 | 10.4527 |
| September | 10.4813 | 10.3977 | 10.4408 |
| October | 10.5131 | 10.4645 | 10.4948 |
| November | 10.5736 | 10.4801 | 10.5262 |
| December | 10.7387 | 10.5545 | 10.6205 |