2024 MOP to KES Historical Review

YEARLY HIGH

20.2989 KES

YEARLY LOW

15.7952 KES

YEARLY AVERAGE

16.7676 KES

2024 MOP to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MOP to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 20.2989. Conversely, the yearly low was recorded on April 13, dropping to 15.7952.

This high-to-low spread represents a total annual volatility of 4.5037 KES. From a start-to-finish perspective, comparing the January average rate of 19.8478 to the December average rate of 16.1568, the exchange rate registered a net change of -18.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 20.2989 was up 4.04% compared to the 2023 peak of 19.5114, 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 101,495 KES

2023 Average 86,788 KES

Yearly Trough Low 78,976 KES

Transaction Impact: A difference of 22,518.72 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

20.2278

15.6672

JanuMarcMayJulySeptNove

MOP to KES 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 17.4346, compared to 16.1007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3339 points.

H1 Avg (Jan–Jun) 17.4346

H2 Avg (Jul–Dec) 16.1007

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 2.4702 KES (High: 20.1775 / Low: 17.7073). On the other end, October was the most stable month, with a tight range of 0.0781 KES (High: 16.1435 / Low: 16.0654).

February Spread (Volatile) ±2.4702

October Spread (Stable) ±0.0781

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 February and March, when the average rate fell by 1.8566 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.8566

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 19.8478) against the same month in 2023 (average: 15.3895), the exchange rate shifted by +4.4583 (+28.97%).

2024 Avg (January) 19.8478

2023 Avg (January) 15.3895

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.2989	19.4185	19.8478
February	20.1775	17.7073	18.9317
March	18.2386	16.3776	17.0752
April	16.6673	15.7952	16.2854
May	16.7784	15.9323	16.3539
June	16.3322	15.9739	16.1134
July	16.3825	15.8111	16.0472
August	16.2235	16.0163	16.0947
September	16.1287	16.0311	16.0657
October	16.1435	16.0654	16.1124
November	16.1842	16.0393	16.1275
December	16.2098	16.1248	16.1568