YEARLY HIGH
0.3006 TOP
YEARLY LOW
0.2888 TOP
YEARLY AVERAGE
0.2948 TOP

2024 MOP to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MOP to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.3006. Conversely, the yearly low was recorded on January 1, dropping to 0.2888.

This high-to-low spread represents a total annual volatility of 0.0118 TOP. From a start-to-finish perspective, comparing the January average rate of 0.2926 to the December average rate of 0.2992, the exchange rate registered a net change of 2.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3006 was up 0.24% compared to the 2023 peak of 0.2999, 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 1,503 TOP
2023 Average 1,465 TOP
Yearly Trough Low 1,444 TOP
Transaction Impact: A difference of 59.00 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2999
0.2914
JanuMarcMayJulySeptNove

MOP to TOP 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 0.2940, compared to 0.2956 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.2940
H2 Avg (Jul–Dec) 0.2956

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0081 TOP (High: 0.2988 / Low: 0.2907). On the other end, December was the most stable month, with a tight range of 0.0019 TOP (High: 0.3003 / Low: 0.2984).

August Spread (Volatile) ±0.0081
December Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0025 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.2983) against the same month in 2023 (average: 0.2968), the exchange rate shifted by +0.0016 (+0.53%).

2024 Avg (November) 0.2983
2023 Avg (November) 0.2968

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2942 0.2888 0.2926
February 0.2973 0.2908 0.2939
March 0.2958 0.2923 0.2940
April 0.2996 0.2933 0.2957
May 0.2972 0.2926 0.2944
June 0.2942 0.2906 0.2933
July 0.2967 0.2924 0.2943
August 0.2988 0.2907 0.2946
September 0.2932 0.2907 0.2921
October 0.2979 0.2917 0.2950
November 0.3006 0.2960 0.2983
December 0.3003 0.2984 0.2992