2024 MOP to ISK Historical Review

YEARLY HIGH

17.6148 ISK

YEARLY LOW

16.7647 ISK

YEARLY AVERAGE

17.1683 ISK

2024 MOP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MOP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 17.6148. Conversely, the yearly low was recorded on March 13, dropping to 16.7647.

This high-to-low spread represents a total annual volatility of 0.8501 ISK. From a start-to-finish perspective, comparing the January average rate of 17.0067 to the December average rate of 17.3272, the exchange rate registered a net change of 1.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 17.6148 was down 2.08% compared to the 2023 peak of 17.9893, 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 88,074 ISK

2023 Average 85,520 ISK

Yearly Trough Low 83,824 ISK

Transaction Impact: A difference of 4,250.28 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

17.4348

16.9678

JanuMarcMayJulySeptNove

MOP to ISK 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 17.1718, compared to 17.1649 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0069 points.

H1 Avg (Jan–Jun) 17.1718

H2 Avg (Jul–Dec) 17.1649

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.5345 ISK (High: 17.2992 / Low: 16.7647). On the other end, July was the most stable month, with a tight range of 0.2562 ISK (High: 17.2574 / Low: 17.0013).

March Spread (Volatile) ±0.5345

July Spread (Stable) ±0.2562

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 0.1398 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1398

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 17.3959) against the same month in 2023 (average: 16.8987), the exchange rate shifted by +0.4972 (+2.94%).

2024 Avg (April) 17.3959

2023 Avg (April) 16.8987

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.1638	16.7854	17.0067
February	17.2438	16.8815	17.0944
March	17.2992	16.7647	17.0347
April	17.6148	17.1986	17.3959
May	17.4047	17.0500	17.2561
June	17.3945	17.0273	17.2429
July	17.2574	17.0013	17.1252
August	17.3017	16.9542	17.1659
September	17.3012	16.8230	17.0596
October	17.2796	16.8948	17.0857
November	17.4259	17.0092	17.2257
December	17.4694	17.1336	17.3272