2024 MOP to MGA Historical Review

YEARLY HIGH

590.7013 MGA

YEARLY LOW

539.4102 MGA

YEARLY AVERAGE

564.4202 MGA

2024 MOP to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MOP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 590.7013. Conversely, the yearly low was recorded on April 3, dropping to 539.4102.

This high-to-low spread represents a total annual volatility of 51.2911 MGA. From a start-to-finish perspective, comparing the January average rate of 566.9295 to the December average rate of 587.1684, the exchange rate registered a net change of 3.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 590.7013 was up 3.15% compared to the 2023 peak of 572.6602, 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 2,953,507 MGA

2023 Average 2,760,924 MGA

Yearly Trough Low 2,697,051 MGA

Transaction Impact: A difference of 256,455.48 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

591.3661

540.9939

JanuMarcMayJulySeptNove

MOP to MGA 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 556.1978, compared to 572.6425 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.4447 points.

H1 Avg (Jan–Jun) 556.1978

H2 Avg (Jul–Dec) 572.6425

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 20.2944 MGA (High: 561.4273 / Low: 541.1328). On the other end, February was the most stable month, with a tight range of 4.5020 MGA (High: 565.6130 / Low: 561.1110).

March Spread (Volatile) ±20.2944

February Spread (Stable) ±4.5020

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 9.4381 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -9.4381

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 587.1684) against the same month in 2023 (average: 569.0063), the exchange rate shifted by +18.1621 (+3.19%).

2024 Avg (December) 587.1684

2023 Avg (December) 569.0063

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	572.6588	561.9261	566.9295
February	565.6130	561.1110	563.4470
March	561.4273	541.1328	554.6297
April	551.0277	539.4102	545.1916
May	553.2566	548.5672	551.0567
June	563.9667	551.1413	555.9322
July	567.3174	554.3168	560.2404
August	575.6315	562.5954	568.9113
September	568.4002	562.3987	565.9724
October	577.2305	567.1984	573.2489
November	585.1082	574.9820	580.3137
December	590.7013	581.2882	587.1684