2024 MOP to QAR Historical Review

YEARLY HIGH

0.4565 QAR

YEARLY LOW

0.4494 QAR

YEARLY AVERAGE

0.4533 QAR

2024 MOP to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MOP to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 0.4565. Conversely, the yearly low was recorded on August 3, dropping to 0.4494.

This high-to-low spread represents a total annual volatility of 0.0071 QAR. From a start-to-finish perspective, comparing the January average rate of 0.4526 to the December average rate of 0.4551, the exchange rate registered a net change of 0.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4565 was down 0.04% compared to the 2023 peak of 0.4567, 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 2,283 QAR

2023 Average 2,260 QAR

Yearly Trough Low 2,247 QAR

Transaction Impact: A difference of 35.45 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4555

0.4514

JanuMarcMayJulySeptNove

MOP to QAR 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 0.4524, compared to 0.4542 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.4524

H2 Avg (Jul–Dec) 0.4542

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0062 QAR (High: 0.4556 / Low: 0.4494). On the other end, February was the most stable month, with a tight range of 0.0015 QAR (High: 0.4531 / Low: 0.4516).

August Spread (Volatile) ±0.0062

February Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between April and October, 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 October and November, when the average rate fell by 0.0007 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.4530) against the same month in 2023 (average: 0.4515), the exchange rate shifted by +0.0014 (+0.32%).

2024 Avg (June) 0.4530

2023 Avg (June) 0.4515

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4536	0.4519	0.4526
February	0.4531	0.4516	0.4522
March	0.4538	0.4513	0.4521
April	0.4524	0.4507	0.4518
May	0.4552	0.4515	0.4529
June	0.4565	0.4512	0.4530
July	0.4538	0.4523	0.4531
August	0.4556	0.4494	0.4534
September	0.4552	0.4530	0.4539
October	0.4559	0.4544	0.4552
November	0.4561	0.4534	0.4545
December	0.4562	0.4539	0.4551