YEARLY HIGH
21.1121 MOP
YEARLY LOW
20.7119 MOP
YEARLY AVERAGE
20.8772 MOP

2024 OMR to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 21.1121. Conversely, the yearly low was recorded on December 21, dropping to 20.7119.

This high-to-low spread represents a total annual volatility of 0.4002 MOP. From a start-to-finish perspective, comparing the January average rate of 20.9134 to the December average rate of 20.7931, the exchange rate registered a net change of -0.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 21.1121 was down 0.54% compared to the 2023 peak of 21.2263, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 105,561 MOP
2023 Average 104,712 MOP
Yearly Trough Low 103,560 MOP
Transaction Impact: A difference of 2,001.12 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

20.9620
20.7777
JanuMarcMayJulySeptNove

OMR 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 20.9196, compared to 20.8347 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0849 points.

H1 Avg (Jan–Jun) 20.9196
H2 Avg (Jul–Dec) 20.8347

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.2300 MOP (High: 21.1121 / Low: 20.8821). On the other end, July was the most stable month, with a tight range of 0.0715 MOP (High: 20.9183 / Low: 20.8468).

February Spread (Volatile) ±0.2300
July Spread (Stable) ±0.0715

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 September and October, when the average rate fell by 0.0512 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0512

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 20.9318) against the same month in 2023 (average: 21.0030), the exchange rate shifted by -0.0712 (-0.34%).

2024 Avg (February) 20.9318
2023 Avg (February) 21.0030

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.9677 20.8795 20.9134
February 21.1121 20.8821 20.9318
March 20.9796 20.8310 20.9258
April 21.0115 20.8670 20.9466
May 20.9352 20.8034 20.9006
June 21.0313 20.8333 20.8995
July 20.9183 20.8468 20.8900
August 20.9237 20.7249 20.8496
September 20.9180 20.7763 20.8528
October 20.8545 20.7623 20.8016
November 20.9218 20.7320 20.8213
December 20.8497 20.7119 20.7931