2024 PEN to MOP Historical Review

YEARLY HIGH

2.1951 MOP

YEARLY LOW

2.0759 MOP

YEARLY AVERAGE

2.1415 MOP

2024 PEN to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 2.1951. Conversely, the yearly low was recorded on February 14, dropping to 2.0759.

This high-to-low spread represents a total annual volatility of 0.1192 MOP. From a start-to-finish perspective, comparing the January average rate of 2.1577 to the December average rate of 2.1449, the exchange rate registered a net change of -0.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.1951 was down 2.91% compared to the 2023 peak of 2.2609, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,976 MOP

2023 Average 10,782 MOP

Yearly Trough Low 10,379 MOP

Transaction Impact: A difference of 596.18 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.1767

2.0980

JanuMarcMayJulySeptNove

PEN 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 2.1472, compared to 2.1358 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0114 points.

H1 Avg (Jan–Jun) 2.1472

H2 Avg (Jul–Dec) 2.1358

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0713 MOP (High: 2.1645 / Low: 2.0932). On the other end, August was the most stable month, with a tight range of 0.0267 MOP (High: 2.1679 / Low: 2.1412).

July Spread (Volatile) ±0.0713

August Spread (Stable) ±0.0267

Growth Streaks & Declines

Trends

Between February and April, 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 January and February, when the average rate fell by 0.0531 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0531

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 2.1683) against the same month in 2023 (average: 2.1373), the exchange rate shifted by +0.0309 (+1.45%).

2024 Avg (March) 2.1683

2023 Avg (March) 2.1373

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1802	2.1109	2.1577
February	2.1343	2.0759	2.1046
March	2.1951	2.1295	2.1683
April	2.1916	2.1437	2.1701
May	2.1807	2.1408	2.1558
June	2.1582	2.0976	2.1266
July	2.1645	2.0932	2.1367
August	2.1679	2.1412	2.1487
September	2.1522	2.1046	2.1294
October	2.1585	2.1220	2.1351
November	2.1406	2.1033	2.1198
December	2.1560	2.1290	2.1449