YEARLY HIGH
0.0890 JOD
YEARLY LOW
0.0873 JOD
YEARLY AVERAGE
0.0882 JOD

2024 MOP to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MOP to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.0890. Conversely, the yearly low was recorded on February 4, dropping to 0.0873.

This high-to-low spread represents a total annual volatility of 0.0017 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0881 to the December average rate of 0.0886, the exchange rate registered a net change of 0.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0890 was down 0.10% compared to the 2023 peak of 0.0890, 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 445 JOD
2023 Average 440 JOD
Yearly Trough Low 436 JOD
Transaction Impact: A difference of 8.48 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0887
0.0878
JanuMarcMayJulySeptNove

MOP to JOD 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 0.0880, compared to 0.0884 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0880
H2 Avg (Jul–Dec) 0.0884

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0010 JOD (High: 0.0882 / Low: 0.0873). On the other end, July was the most stable month, with a tight range of 0.0004 JOD (High: 0.0884 / Low: 0.0880).

February Spread (Volatile) ±0.0010
July Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0886) against the same month in 2023 (average: 0.0881), the exchange rate shifted by +0.0005 (+0.59%).

2024 Avg (December) 0.0886
2023 Avg (December) 0.0881

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0884 0.0879 0.0881
February 0.0882 0.0873 0.0880
March 0.0884 0.0878 0.0880
April 0.0881 0.0877 0.0879
May 0.0887 0.0880 0.0881
June 0.0884 0.0875 0.0881
July 0.0884 0.0880 0.0881
August 0.0889 0.0880 0.0883
September 0.0886 0.0881 0.0883
October 0.0887 0.0882 0.0885
November 0.0888 0.0881 0.0885
December 0.0890 0.0884 0.0886