2024 QAR to MOP Historical Review

YEARLY HIGH

2.2251 MOP

YEARLY LOW

2.1905 MOP

YEARLY AVERAGE

2.2060 MOP

2024 QAR to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 2.2251. Conversely, the yearly low was recorded on June 8, dropping to 2.1905.

This high-to-low spread represents a total annual volatility of 0.0346 MOP. From a start-to-finish perspective, comparing the January average rate of 2.2096 to the December average rate of 2.1972, the exchange rate registered a net change of -0.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.2251 was down 0.95% compared to the 2023 peak of 2.2465, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,125 MOP

2023 Average 11,062 MOP

Yearly Trough Low 10,953 MOP

Transaction Impact: A difference of 172.79 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2152

2.1954

JanuMarcMayJulySeptNove

QAR 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 2.2103, compared to 2.2017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0086 points.

H1 Avg (Jan–Jun) 2.2103

H2 Avg (Jul–Dec) 2.2017

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0302 MOP (High: 2.2251 / Low: 2.1949). On the other end, February was the most stable month, with a tight range of 0.0072 MOP (High: 2.2142 / Low: 2.2070).

August Spread (Volatile) ±0.0302

February Spread (Stable) ±0.0072

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0063 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0063

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2.2055) against the same month in 2023 (average: 2.2117), the exchange rate shifted by -0.0061 (-0.28%).

2024 Avg (August) 2.2055

2023 Avg (August) 2.2117

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2127	2.2044	2.2096
February	2.2142	2.2070	2.2114
March	2.2160	2.2034	2.2117
April	2.2188	2.2105	2.2135
May	2.2150	2.1970	2.2079
June	2.2162	2.1905	2.2077
July	2.2109	2.2035	2.2069
August	2.2251	2.1949	2.2055
September	2.2076	2.1969	2.2033
October	2.2008	2.1932	2.1971
November	2.2053	2.1926	2.2002
December	2.2029	2.1918	2.1972