2024 MOP to NAD Historical Review

YEARLY HIGH

2.3987 NAD

YEARLY LOW

2.1453 NAD

YEARLY AVERAGE

2.2806 NAD

2024 MOP to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MOP to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 2.3987. Conversely, the yearly low was recorded on September 29, dropping to 2.1453.

This high-to-low spread represents a total annual volatility of 0.2534 NAD. From a start-to-finish perspective, comparing the January average rate of 2.3336 to the December average rate of 2.2772, the exchange rate registered a net change of -2.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3987 was down 4.32% compared to the 2023 peak of 2.5069, 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 11,993 NAD

2023 Average 11,477 NAD

Yearly Trough Low 10,726 NAD

Transaction Impact: A difference of 1,267.12 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3709

2.1786

JanuMarcMayJulySeptNove

MOP to NAD 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 2.3247, compared to 2.2365 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0882 points.

H1 Avg (Jan–Jun) 2.3247

H2 Avg (Jul–Dec) 2.2365

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.1544 NAD (High: 2.3578 / Low: 2.2034). On the other end, October was the most stable month, with a tight range of 0.0547 NAD (High: 2.2161 / Low: 2.1614).

December Spread (Volatile) ±0.1544

October Spread (Stable) ±0.0547

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0570 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0570

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 2.3549) against the same month in 2023 (average: 2.2121), the exchange rate shifted by +0.1428 (+6.45%).

2024 Avg (February) 2.3549

2023 Avg (February) 2.2121

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3815	2.2952	2.3336
February	2.3987	2.2921	2.3549
March	2.3770	2.3061	2.3409
April	2.3816	2.2916	2.3426
May	2.3128	2.2502	2.2856
June	2.3669	2.2298	2.2908
July	2.2959	2.2370	2.2677
August	2.3183	2.1964	2.2472
September	2.2383	2.1453	2.1950
October	2.2161	2.1614	2.1946
November	2.2768	2.1770	2.2372
December	2.3578	2.2034	2.2772