2024 NOK to MOP Historical Review

YEARLY HIGH

0.7923 MOP

YEARLY LOW

0.6997 MOP

YEARLY AVERAGE

0.7477 MOP

2024 NOK to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NOK to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.7923. Conversely, the yearly low was recorded on December 19, dropping to 0.6997.

This high-to-low spread represents a total annual volatility of 0.0925 MOP. From a start-to-finish perspective, comparing the January average rate of 0.7741 to the December average rate of 0.7127, the exchange rate registered a net change of -7.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7923 was down 3.82% compared to the 2023 peak of 0.8237, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,961 MOP

2023 Average 3,820 MOP

Yearly Trough Low 3,499 MOP

Transaction Impact: A difference of 462.71 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7803

0.7066

JanuMarcMayJulySeptNove

NOK 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 0.7571, compared to 0.7383 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0188 points.

H1 Avg (Jan–Jun) 0.7571

H2 Avg (Jul–Dec) 0.7383

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0408 MOP (High: 0.7681 / Low: 0.7273). On the other end, February was the most stable month, with a tight range of 0.0172 MOP (High: 0.7714 / Low: 0.7543).

August Spread (Volatile) ±0.0408

February Spread (Stable) ±0.0172

Growth Streaks & Declines

Trends

Between April and June, 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 March and April, when the average rate fell by 0.0195 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0195

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.7741) against the same month in 2023 (average: 0.8115), the exchange rate shifted by -0.0374 (-4.61%).

2024 Avg (January) 0.7741

2023 Avg (January) 0.8115

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7923	0.7643	0.7741
February	0.7714	0.7543	0.7637
March	0.7745	0.7422	0.7588
April	0.7558	0.7248	0.7393
May	0.7672	0.7302	0.7490
June	0.7703	0.7512	0.7578
July	0.7625	0.7290	0.7450
August	0.7681	0.7273	0.7503
September	0.7718	0.7395	0.7566
October	0.7559	0.7276	0.7399
November	0.7361	0.7170	0.7254
December	0.7268	0.6997	0.7127