2024 MOP to MYR Historical Review

YEARLY HIGH

0.5957 MYR

YEARLY LOW

0.5148 MYR

YEARLY AVERAGE

0.5693 MYR

2024 MOP to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MOP to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 0.5957. Conversely, the yearly low was recorded on September 29, dropping to 0.5148.

This high-to-low spread represents a total annual volatility of 0.0809 MYR. From a start-to-finish perspective, comparing the January average rate of 0.5817 to the December average rate of 0.5574, the exchange rate registered a net change of -4.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5957 was up 0.20% compared to the 2023 peak of 0.5945, 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 2,979 MYR

2023 Average 2,829 MYR

Yearly Trough Low 2,574 MYR

Transaction Impact: A difference of 404.72 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5977

0.5246

JanuMarcMayJulySeptNove

MOP to MYR 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 0.5870, compared to 0.5517 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0353 points.

H1 Avg (Jan–Jun) 0.5870

H2 Avg (Jul–Dec) 0.5517

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0326 MYR (High: 0.5681 / Low: 0.5355). On the other end, April was the most stable month, with a tight range of 0.0077 MYR (High: 0.5947 / Low: 0.5870).

August Spread (Volatile) ±0.0326

April Spread (Stable) ±0.0077

Growth Streaks & Declines

Trends

Between September and December, 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 0.0321 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0321

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.5916) against the same month in 2023 (average: 0.5401), the exchange rate shifted by +0.0515 (+9.53%).

2024 Avg (February) 0.5916

2023 Avg (February) 0.5401

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5883	0.5695	0.5817
February	0.5957	0.5804	0.5916
March	0.5908	0.5806	0.5858
April	0.5947	0.5870	0.5910
May	0.5923	0.5825	0.5864
June	0.5880	0.5794	0.5856
July	0.5870	0.5712	0.5822
August	0.5681	0.5355	0.5501
September	0.5439	0.5148	0.5307
October	0.5466	0.5206	0.5366
November	0.5610	0.5421	0.5530
December	0.5654	0.5509	0.5574