YEARLY HIGH
0.9699 MOP
YEARLY LOW
0.9210 MOP
YEARLY AVERAGE
0.9541 MOP

2024 SBD to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.9699. Conversely, the yearly low was recorded on March 12, dropping to 0.9210.

This high-to-low spread represents a total annual volatility of 0.0489 MOP. From a start-to-finish perspective, comparing the January average rate of 0.9560 to the December average rate of 0.9552, the exchange rate registered a net change of -0.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9699 was down 2.52% compared to the 2023 peak of 0.9950, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,850 MOP
2023 Average 4,830 MOP
Yearly Trough Low 4,605 MOP
Transaction Impact: A difference of 244.62 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9658
0.9447
JanuMarcMayJulySeptNove

SBD 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 0.9517, compared to 0.9564 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 0.9517
H2 Avg (Jul–Dec) 0.9564

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0380 MOP (High: 0.9590 / Low: 0.9210). On the other end, May was the most stable month, with a tight range of 0.0072 MOP (High: 0.9504 / Low: 0.9432).

March Spread (Volatile) ±0.0380
May Spread (Stable) ±0.0072

Growth Streaks & Declines

Trends

Between May and July, 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 October and November, when the average rate fell by 0.0054 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.9640) against the same month in 2023 (average: 0.9552), the exchange rate shifted by +0.0088 (+0.93%).

2024 Avg (October) 0.9640
2023 Avg (October) 0.9552

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9643 0.9507 0.9560
February 0.9646 0.9466 0.9532
March 0.9590 0.9210 0.9514
April 0.9560 0.9432 0.9510
May 0.9504 0.9432 0.9480
June 0.9545 0.9469 0.9507
July 0.9578 0.9483 0.9517
August 0.9561 0.9390 0.9465
September 0.9677 0.9474 0.9624
October 0.9699 0.9585 0.9640
November 0.9654 0.9521 0.9586
December 0.9612 0.9511 0.9552