YEARLY HIGH
0.4817 PEN
YEARLY LOW
0.4556 PEN
YEARLY AVERAGE
0.4670 PEN

2024 MOP to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MOP to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.4817. Conversely, the yearly low was recorded on March 14, dropping to 0.4556.

This high-to-low spread represents a total annual volatility of 0.0262 PEN. From a start-to-finish perspective, comparing the January average rate of 0.4635 to the December average rate of 0.4662, the exchange rate registered a net change of 0.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4817 was down 0.32% compared to the 2023 peak of 0.4833, 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 2,409 PEN
2023 Average 2,320 PEN
Yearly Trough Low 2,278 PEN
Transaction Impact: A difference of 130.83 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4766
0.4594
JanuMarcMayJulySeptNove

MOP to PEN 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 0.4658, compared to 0.4682 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.4658
H2 Avg (Jul–Dec) 0.4682

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0157 PEN (High: 0.4777 / Low: 0.4620). On the other end, August was the most stable month, with a tight range of 0.0058 PEN (High: 0.4670 / Low: 0.4613).

July Spread (Volatile) ±0.0157
August Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between April and June, 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 February and March, when the average rate fell by 0.0140 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0140

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.4752) against the same month in 2023 (average: 0.4748), the exchange rate shifted by +0.0004 (+0.09%).

2024 Avg (February) 0.4752
2023 Avg (February) 0.4748

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4737 0.4587 0.4635
February 0.4817 0.4685 0.4752
March 0.4696 0.4556 0.4612
April 0.4665 0.4563 0.4608
May 0.4671 0.4586 0.4639
June 0.4767 0.4633 0.4703
July 0.4777 0.4620 0.4680
August 0.4670 0.4613 0.4654
September 0.4752 0.4646 0.4696
October 0.4712 0.4633 0.4684
November 0.4754 0.4672 0.4717
December 0.4697 0.4638 0.4662