YEARLY HIGH
403.9557 MMK
YEARLY LOW
259.1136 MMK
YEARLY AVERAGE
263.9387 MMK

2024 MOP to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MOP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 403.9557. Conversely, the yearly low was recorded on June 9, dropping to 259.1136.

This high-to-low spread represents a total annual volatility of 144.8420 MMK. From a start-to-finish perspective, comparing the January average rate of 260.8143 to the December average rate of 262.1215, the exchange rate registered a net change of 0.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 403.9557 was up 54.35% compared to the 2023 peak of 261.7093, 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 2,019,778 MMK
2023 Average 1,302,039 MMK
Yearly Trough Low 1,295,568 MMK
Transaction Impact: A difference of 724,210.25 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

285.3464
258.0665
JanuMarcMayJulySeptNove

MOP to MMK 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 262.5826, compared to 265.2948 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.7122 points.

H1 Avg (Jan–Jun) 262.5826
H2 Avg (Jul–Dec) 265.2948

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 143.3303 MMK (High: 403.9557 / Low: 260.6254). On the other end, February was the most stable month, with a tight range of 0.2938 MMK (High: 260.7919 / Low: 260.4981).

July Spread (Volatile) ±143.3303
February Spread (Stable) ±0.2938

Growth Streaks & Declines

Trends

Between April and July, 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 July and August, when the average rate fell by 21.6425 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -21.6425

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 283.0731) against the same month in 2023 (average: 260.7957), the exchange rate shifted by +22.2774 (+8.54%).

2024 Avg (July) 283.0731
2023 Avg (July) 260.7957

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 261.1453 260.5409 260.8143
February 260.7919 260.4981 260.6743
March 260.7157 259.5525 260.5802
April 260.6660 259.8471 260.3398
May 261.3926 260.5881 260.9921
June 308.8424 259.1136 272.0950
July 403.9557 260.6254 283.0731
August 263.2158 260.4814 261.4305
September 262.3103 260.8281 261.3920
October 262.4598 261.2806 261.9788
November 262.8395 260.5583 261.7728
December 263.1200 261.4692 262.1215