YEARLY HIGH
2.1778 MOP
YEARLY LOW
1.9679 MOP
YEARLY AVERAGE
2.0660 MOP

2024 PGK to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 2.1778. Conversely, the yearly low was recorded on December 30, dropping to 1.9679.

This high-to-low spread represents a total annual volatility of 0.2099 MOP. From a start-to-finish perspective, comparing the January average rate of 2.1562 to the December average rate of 1.9798, the exchange rate registered a net change of -8.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.1778 was down 5.47% compared to the 2023 peak of 2.3039, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,889 MOP
2023 Average 11,196 MOP
Yearly Trough Low 9,840 MOP
Transaction Impact: A difference of 1,049.43 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.1739
1.9622
JanuMarcMayJulySeptNove

PGK 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 2.1112, compared to 2.0207 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0905 points.

H1 Avg (Jan–Jun) 2.1112
H2 Avg (Jul–Dec) 2.0207

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0722 MOP (High: 2.1033 / Low: 2.0311). On the other end, May was the most stable month, with a tight range of 0.0208 MOP (High: 2.0879 / Low: 2.0671).

August Spread (Volatile) ±0.0722
May Spread (Stable) ±0.0208

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 April and May, when the average rate fell by 0.0359 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0359

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 2.1562) against the same month in 2023 (average: 2.2862), the exchange rate shifted by -0.1300 (-5.69%).

2024 Avg (January) 2.1562
2023 Avg (January) 2.2862

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1778 2.1282 2.1562
February 2.1639 2.1123 2.1357
March 2.1608 2.1046 2.1205
April 2.1304 2.0890 2.1100
May 2.0879 2.0671 2.0741
June 2.0980 2.0526 2.0708
July 2.0900 2.0480 2.0625
August 2.1033 2.0311 2.0439
September 2.0507 2.0087 2.0271
October 2.0385 1.9968 2.0175
November 2.0082 1.9784 1.9933
December 2.0069 1.9679 1.9798