YEARLY HIGH
10.7387 INR
YEARLY LOW
10.2123 INR
YEARLY AVERAGE
10.4126 INR

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MOP based on timing:

Yearly Peak High 53,694 INR
2023 Average 51,218 INR
Yearly Trough Low 51,061 INR
Transaction Impact: A difference of 2,632.14 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

10.6528
10.2652
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 10.3367
H2 Avg (Jul–Dec) 10.4886

Volatility Range Comparison

Volatility

The 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).

December Spread (Volatile) ±0.1842
October Spread (Stable) ±0.0486

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0263

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (December) 10.6205
2023 Avg (December) 10.3365

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