2024 MOP to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 MOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |