YEARLY HIGH
0.4927 MOP
YEARLY LOW
0.3833 MOP
YEARLY AVERAGE
0.4412 MOP

2024 MXN to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MXN to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.4927. Conversely, the yearly low was recorded on December 31, dropping to 0.3833.

This high-to-low spread represents a total annual volatility of 0.1094 MOP. From a start-to-finish perspective, comparing the January average rate of 0.4720 to the December average rate of 0.3952, the exchange rate registered a net change of -16.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4927 was up 2.00% compared to the 2023 peak of 0.4831, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 24,637 MOP
2023 Average 22,761 MOP
Yearly Trough Low 19,167 MOP
Transaction Impact: A difference of 5,470.11 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4890
0.3858
JanuMarcMayJulySeptNove

MXN to MOP 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 0.4708, compared to 0.4116 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0592 points.

H1 Avg (Jan–Jun) 0.4708
H2 Avg (Jul–Dec) 0.4116

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0453 MOP (High: 0.4741 / Low: 0.4288). On the other end, February was the most stable month, with a tight range of 0.0057 MOP (High: 0.4738 / Low: 0.4680).

June Spread (Volatile) ±0.0453
February Spread (Stable) ±0.0057

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0363 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0363

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.4798) against the same month in 2023 (average: 0.4471), the exchange rate shifted by +0.0327 (+7.31%).

2024 Avg (April) 0.4798
2023 Avg (April) 0.4471

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4774 0.4652 0.4720
February 0.4738 0.4680 0.4715
March 0.4867 0.4724 0.4804
April 0.4927 0.4683 0.4798
May 0.4858 0.4726 0.4789
June 0.4741 0.4288 0.4425
July 0.4563 0.4288 0.4443
August 0.4318 0.4057 0.4191
September 0.4204 0.3998 0.4096
October 0.4164 0.3973 0.4071
November 0.4041 0.3867 0.3944
December 0.3986 0.3833 0.3952