2024 MOP to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 MOP to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the MOP to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 2772.7941. Conversely, the yearly low was recorded on January 6, dropping to 2550.8632.
This high-to-low spread represents a total annual volatility of 221.9309 LAK. From a start-to-finish perspective, comparing the January average rate of 2564.9382 to the December average rate of 2734.9285, the exchange rate registered a net change of 6.63% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 2772.7941 was up 7.32% compared to the 2023 peak of 2583.7125, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
MOP to LAK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 2625.0848, compared to 2746.9021 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 121.8172 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 76.3937 LAK (High: 2744.2266 / Low: 2667.8329). On the other end, December was the most stable month, with a tight range of 6.2214 LAK (High: 2738.7391 / Low: 2732.5177).
Growth Streaks & Declines
TrendsBetween January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 8.1926 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 2745.4242) against the same month in 2023 (average: 2557.1038), the exchange rate shifted by +188.3204 (+7.36%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2577.8582 | 2550.8632 | 2564.9382 |
| February | 2592.5323 | 2575.3272 | 2587.1800 |
| March | 2620.0812 | 2579.1379 | 2597.7674 |
| April | 2648.7708 | 2617.7475 | 2634.6595 |
| May | 2670.6034 | 2642.2808 | 2655.2913 |
| June | 2744.2266 | 2667.8329 | 2710.6727 |
| July | 2759.3465 | 2743.4570 | 2752.7596 |
| August | 2769.6900 | 2746.9085 | 2756.3725 |
| September | 2766.8226 | 2745.8630 | 2753.6168 |
| October | 2772.7941 | 2731.6960 | 2745.4242 |
| November | 2749.9174 | 2731.6273 | 2738.3107 |
| December | 2738.7391 | 2732.5177 | 2734.9285 |