YEARLY HIGH
40.2589 LKR
YEARLY LOW
36.2140 LKR
YEARLY AVERAGE
37.5596 LKR

2024 MOP to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MOP to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 40.2589. Conversely, the yearly low was recorded on December 5, dropping to 36.2140.

This high-to-low spread represents a total annual volatility of 4.0448 LKR. From a start-to-finish perspective, comparing the January average rate of 39.8773 to the December average rate of 36.4453, the exchange rate registered a net change of -8.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 40.2589 was down 12.06% compared to the 2023 peak of 45.7817, 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 201,294 LKR
2023 Average 203,719 LKR
Yearly Trough Low 181,070 LKR
Transaction Impact: A difference of 20,224.24 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

40.2225
36.0806
JanuMarcMayJulySeptNove

MOP to LKR 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 38.0960, compared to 37.0232 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0728 points.

H1 Avg (Jan–Jun) 38.0960
H2 Avg (Jul–Dec) 37.0232

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.2005 LKR (High: 38.4737 / Low: 37.2732). On the other end, October was the most stable month, with a tight range of 0.3186 LKR (High: 36.8901 / Low: 36.5715).

March Spread (Volatile) ±1.2005
October Spread (Stable) ±0.3186

Growth Streaks & Declines

Trends

Between April and June, 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 1.1146 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.1146

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 39.8773) against the same month in 2023 (average: 45.4066), the exchange rate shifted by -5.5293 (-12.18%).

2024 Avg (January) 39.8773
2023 Avg (January) 45.4066

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 40.2589 39.2418 39.8773
February 39.2418 38.4203 38.7627
March 38.4737 37.2732 37.8632
April 37.4353 36.7084 37.0814
May 37.5373 36.8462 37.2062
June 38.0503 37.3575 37.7854
July 37.9874 37.5664 37.7497
August 37.6997 37.0129 37.3812
September 38.0095 37.0324 37.4835
October 36.8901 36.5715 36.6539
November 36.6194 36.2520 36.4257
December 37.0005 36.2140 36.4453