YEARLY HIGH
17.1235 NPR
YEARLY LOW
16.3610 NPR
YEARLY AVERAGE
16.6554 NPR

2024 MOP to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MOP to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 17.1235. Conversely, the yearly low was recorded on March 7, dropping to 16.3610.

This high-to-low spread represents a total annual volatility of 0.7625 NPR. From a start-to-finish perspective, comparing the January average rate of 16.5163 to the December average rate of 16.9776, the exchange rate registered a net change of 2.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 17.1235 was up 3.02% compared to the 2023 peak of 16.6221, 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 85,617 NPR
2023 Average 81,926 NPR
Yearly Trough Low 81,805 NPR
Transaction Impact: A difference of 3,812.64 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

17.0271
16.4339
JanuMarcMayJulySeptNove

MOP to NPR 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 16.5340, compared to 16.7768 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2428 points.

H1 Avg (Jan–Jun) 16.5340
H2 Avg (Jul–Dec) 16.7768

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.2835 NPR (High: 16.6445 / Low: 16.3610). On the other end, July was the most stable month, with a tight range of 0.0673 NPR (High: 16.6599 / Low: 16.5927).

March Spread (Volatile) ±0.2835
July Spread (Stable) ±0.0673

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0330 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0330

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 16.9776) against the same month in 2023 (average: 16.5537), the exchange rate shifted by +0.4239 (+2.56%).

2024 Avg (December) 16.9776
2023 Avg (December) 16.5537

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.6991 16.4591 16.5163
February 16.5809 16.4451 16.4833
March 16.6445 16.3610 16.4839
April 16.5840 16.4875 16.5389
May 16.6629 16.5254 16.5812
June 16.6470 16.5135 16.6001
July 16.6599 16.5927 16.6273
August 16.7749 16.6453 16.7116
September 16.7462 16.6596 16.7087
October 16.8243 16.7494 16.7980
November 16.9078 16.7645 16.8374
December 17.1235 16.8801 16.9776