2024 MOP to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 MOP to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the MOP to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 217.3625. Conversely, the yearly low was recorded on March 21, dropping to 207.2192.
This high-to-low spread represents a total annual volatility of 10.1433 MWK. From a start-to-finish perspective, comparing the January average rate of 209.0249 to the December average rate of 216.5928, the exchange rate registered a net change of 3.62% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 217.3625 was up 3.55% compared to the 2023 peak of 209.9027, 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 MWK 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 212.5169, compared to 216.2270 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.7101 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 9.0396 MWK (High: 216.2588 / Low: 207.2192). On the other end, October was the most stable month, with a tight range of 0.3597 MWK (High: 216.9212 / Low: 216.5615).
Growth Streaks & Declines
TrendsBetween June and October, 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 October and November, when the average rate fell by 0.2356 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 216.4894) against the same month in 2023 (average: 179.1702), the exchange rate shifted by +37.3192 (+20.83%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 209.3702 | 208.4008 | 209.0249 |
| February | 209.3642 | 208.6786 | 208.9305 |
| March | 216.2588 | 207.2192 | 210.9327 |
| April | 215.7816 | 214.4875 | 215.1576 |
| May | 216.2555 | 214.6292 | 215.5654 |
| June | 215.9654 | 214.9323 | 215.4901 |
| July | 215.9394 | 215.0237 | 215.5580 |
| August | 216.3585 | 214.0495 | 215.8316 |
| September | 217.2690 | 215.5999 | 216.1649 |
| October | 216.9212 | 216.5615 | 216.7250 |
| November | 217.3625 | 216.1664 | 216.4894 |
| December | 216.9221 | 216.2749 | 216.5928 |