2024 MOP to IRR Historical Review

YEARLY HIGH

5298.7710 IRR

YEARLY LOW

5173.9028 IRR

YEARLY AVERAGE

5237.7958 IRR

2024 MOP to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MOP to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 5298.7710. Conversely, the yearly low was recorded on February 4, dropping to 5173.9028.

This high-to-low spread represents a total annual volatility of 124.8682 IRR. From a start-to-finish perspective, comparing the January average rate of 5223.3592 to the December average rate of 5270.4114, the exchange rate registered a net change of 0.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 5298.7710 was down 0.01% compared to the 2023 peak of 5299.4383, 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 26,493,855 IRR

2023 Average 26,188,229 IRR

Yearly Trough Low 25,869,514 IRR

Transaction Impact: A difference of 624,341.20 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

5275.6991

5212.2466

JanuMarcMayJulySeptNove

MOP to IRR 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 5224.3627, compared to 5251.2288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 26.8661 points.

H1 Avg (Jan–Jun) 5224.3627

H2 Avg (Jul–Dec) 5251.2288

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 57.6902 IRR (High: 5257.4018 / Low: 5199.7115). On the other end, October was the most stable month, with a tight range of 24.3149 IRR (High: 5267.9839 / Low: 5243.6690).

June Spread (Volatile) ±57.6902

October Spread (Stable) ±24.3149

Growth Streaks & Declines

Trends

Between April and October, 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 5.8249 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -5.8249

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 5270.4114) against the same month in 2023 (average: 5243.7968), the exchange rate shifted by +26.6146 (+0.51%).

2024 Avg (December) 5270.4114

2023 Avg (December) 5243.7968

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5239.4290	5208.1223	5223.3592
February	5230.3728	5173.9028	5217.5343
March	5241.7104	5205.0242	5219.6230
April	5229.6789	5205.0216	5217.9881
May	5261.3738	5219.7870	5232.7164
June	5257.4018	5199.7115	5234.9554
July	5256.2755	5226.4313	5235.7840
August	5281.1979	5226.0787	5245.8753
September	5271.6983	5233.0346	5245.9174
October	5267.9839	5243.6690	5257.3342
November	5273.3894	5227.6209	5252.0506
December	5298.7710	5245.2738	5270.4114