2024 MOP to SGD Historical Review

YEARLY HIGH

0.1709 SGD

YEARLY LOW

0.1599 SGD

YEARLY AVERAGE

0.1663 SGD

2024 MOP to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MOP to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.1709. Conversely, the yearly low was recorded on September 28, dropping to 0.1599.

This high-to-low spread represents a total annual volatility of 0.0110 SGD. From a start-to-finish perspective, comparing the January average rate of 0.1659 to the December average rate of 0.1688, the exchange rate registered a net change of 1.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1709 was up 0.06% compared to the 2023 peak of 0.1708, 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 854 SGD

2023 Average 833 SGD

Yearly Trough Low 799 SGD

Transaction Impact: A difference of 55.01 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1695

0.1607

JanuMarcMayJulySeptNove

MOP to SGD 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 0.1673, compared to 0.1653 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.1673

H2 Avg (Jul–Dec) 0.1653

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0045 SGD (High: 0.1663 / Low: 0.1618). On the other end, May was the most stable month, with a tight range of 0.0018 SGD (High: 0.1688 / Low: 0.1671).

August Spread (Volatile) ±0.0045

May Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0034 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1688) against the same month in 2023 (average: 0.1653), the exchange rate shifted by +0.0035 (+2.11%).

2024 Avg (December) 0.1688

2023 Avg (December) 0.1653

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1669	0.1636	0.1659
February	0.1678	0.1653	0.1669
March	0.1683	0.1651	0.1665
April	0.1694	0.1667	0.1683
May	0.1688	0.1671	0.1679
June	0.1690	0.1671	0.1681
July	0.1687	0.1661	0.1673
August	0.1663	0.1618	0.1639
September	0.1628	0.1599	0.1614
October	0.1654	0.1610	0.1637
November	0.1684	0.1641	0.1667
December	0.1709	0.1669	0.1688