2024 MOP to SZL Historical Review

YEARLY HIGH

2.3936 SZL

YEARLY LOW

2.1448 SZL

YEARLY AVERAGE

2.2796 SZL

2024 MOP to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MOP to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 2.3936. Conversely, the yearly low was recorded on September 26, dropping to 2.1448.

This high-to-low spread represents a total annual volatility of 0.2488 SZL. From a start-to-finish perspective, comparing the January average rate of 2.3333 to the December average rate of 2.2769, the exchange rate registered a net change of -2.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3936 was down 2.37% compared to the 2023 peak of 2.4518, 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 11,968 SZL

2023 Average 11,442 SZL

Yearly Trough Low 10,724 SZL

Transaction Impact: A difference of 1,243.96 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3702

2.1771

JanuMarcMayJulySeptNove

MOP to SZL 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 2.3239, compared to 2.2354 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0885 points.

H1 Avg (Jan–Jun) 2.3239

H2 Avg (Jul–Dec) 2.2354

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.1533 SZL (High: 2.3570 / Low: 2.2037). On the other end, October was the most stable month, with a tight range of 0.0549 SZL (High: 2.2168 / Low: 2.1619).

December Spread (Volatile) ±0.1533

October Spread (Stable) ±0.0549

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 0.0510 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0510

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 2.3541) against the same month in 2023 (average: 2.2149), the exchange rate shifted by +0.1392 (+6.29%).

2024 Avg (February) 2.3541

2023 Avg (February) 2.2149

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3768	2.2938	2.3333
February	2.3936	2.3090	2.3541
March	2.3769	2.3090	2.3393
April	2.3829	2.2922	2.3385
May	2.3146	2.2558	2.2874
June	2.3664	2.2261	2.2907
July	2.2959	2.2348	2.2668
August	2.3176	2.1959	2.2461
September	2.2392	2.1448	2.1952
October	2.2168	2.1619	2.1932
November	2.2707	2.1765	2.2340
December	2.3570	2.2037	2.2769