2024 MOP to SAR Historical Review

YEARLY HIGH

0.4711 SAR

YEARLY LOW

0.4614 SAR

YEARLY AVERAGE

0.4669 SAR

2024 MOP to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MOP to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.4711. Conversely, the yearly low was recorded on February 4, dropping to 0.4614.

This high-to-low spread represents a total annual volatility of 0.0097 SAR. From a start-to-finish perspective, comparing the January average rate of 0.4659 to the December average rate of 0.4693, the exchange rate registered a net change of 0.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4711 was down 0.02% compared to the 2023 peak of 0.4712, 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 2,355 SAR

2023 Average 2,327 SAR

Yearly Trough Low 2,307 SAR

Transaction Impact: A difference of 48.39 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4698

0.4648

JanuMarcMayJulySeptNove

MOP to SAR 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 0.4681 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.4658

H2 Avg (Jul–Dec) 0.4681

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0051 SAR (High: 0.4665 / Low: 0.4614). On the other end, July was the most stable month, with a tight range of 0.0020 SAR (High: 0.4677 / Low: 0.4658).

February Spread (Volatile) ±0.0051

July Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between June and August, 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 March and April, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4693) against the same month in 2023 (average: 0.4658), the exchange rate shifted by +0.0036 (+0.77%).

2024 Avg (December) 0.4693

2023 Avg (December) 0.4658

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4674	0.4647	0.4659
February	0.4665	0.4614	0.4654
March	0.4677	0.4644	0.4656
April	0.4662	0.4638	0.4652
May	0.4691	0.4654	0.4663
June	0.4675	0.4632	0.4663
July	0.4677	0.4658	0.4665
August	0.4705	0.4658	0.4676
September	0.4690	0.4663	0.4675
October	0.4697	0.4677	0.4689
November	0.4703	0.4664	0.4686
December	0.4711	0.4683	0.4693