YEARLY HIGH
0.4661 MOP
YEARLY LOW
0.4169 MOP
YEARLY AVERAGE
0.4388 MOP

2024 NAD to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NAD to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 0.4661. Conversely, the yearly low was recorded on February 26, dropping to 0.4169.

This high-to-low spread represents a total annual volatility of 0.0492 MOP. From a start-to-finish perspective, comparing the January average rate of 0.4286 to the December average rate of 0.4393, the exchange rate registered a net change of 2.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4661 was down 2.56% compared to the 2023 peak of 0.4784, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NAD based on timing:

Yearly Peak High 2,331 MOP
2023 Average 2,181 MOP
Yearly Trough Low 2,084 MOP
Transaction Impact: A difference of 246.24 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4588
0.4216
JanuMarcMayJulySeptNove

NAD 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 0.4303, compared to 0.4473 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0170 points.

H1 Avg (Jan–Jun) 0.4303
H2 Avg (Jul–Dec) 0.4473

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0297 MOP (High: 0.4539 / Low: 0.4241). On the other end, October was the most stable month, with a tight range of 0.0114 MOP (High: 0.4627 / Low: 0.4512).

December Spread (Volatile) ±0.0297
October Spread (Stable) ±0.0114

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0086 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0086

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.4557) against the same month in 2023 (average: 0.4250), the exchange rate shifted by +0.0307 (+7.22%).

2024 Avg (September) 0.4557
2023 Avg (September) 0.4250

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4357 0.4199 0.4286
February 0.4363 0.4169 0.4247
March 0.4336 0.4207 0.4272
April 0.4364 0.4199 0.4269
May 0.4444 0.4324 0.4375
June 0.4485 0.4225 0.4367
July 0.4470 0.4356 0.4410
August 0.4553 0.4313 0.4451
September 0.4661 0.4468 0.4557
October 0.4627 0.4512 0.4557
November 0.4594 0.4392 0.4471
December 0.4539 0.4241 0.4393