2024 MOP to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 MOP to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the MOP to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 11240.5391. Conversely, the yearly low was recorded on February 14, dropping to 1860.5102.
This high-to-low spread represents a total annual volatility of 9380.0289 LBP. From a start-to-finish perspective, comparing the January average rate of 1867.0878 to the December average rate of 11184.7616, the exchange rate registered a net change of 499.05% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 11240.5391 was up 489.59% compared to the 2023 peak of 1906.5088, 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 LBP 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 8461.1406, compared to 11166.6255 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2705.4849 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 9262.5863 LBP (High: 11123.0965 / Low: 1860.5102). On the other end, January was the most stable month, with a tight range of 7.8317 LBP (High: 1870.8921 / Low: 1863.0604).
Growth Streaks & Declines
TrendsBetween July and October, 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 March and April, when the average rate fell by 14.4440 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 11179.6688) against the same month in 2023 (average: 1868.2001), the exchange rate shifted by +9311.4687 (+498.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1870.8921 | 1863.0604 | 1867.0878 |
| February | 11123.0965 | 1860.5102 | 4417.0587 |
| March | 11137.0422 | 11074.0824 | 11117.2036 |
| April | 11119.6850 | 11071.0433 | 11102.7596 |
| May | 11162.5360 | 11085.6264 | 11129.2128 |
| June | 11159.5814 | 11119.1554 | 11133.5212 |
| July | 11153.6725 | 11101.0374 | 11133.2364 |
| August | 11182.3143 | 11118.7487 | 11151.0909 |
| September | 11196.6621 | 11135.0269 | 11159.8411 |
| October | 11207.9266 | 11181.0928 | 11191.1542 |
| November | 11240.5391 | 11160.3067 | 11179.6688 |
| December | 11203.3595 | 11166.7140 | 11184.7616 |