YEARLY HIGH
0.1457 MOP
YEARLY LOW
0.1347 MOP
YEARLY AVERAGE
0.1403 MOP

2024 PHP to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1457. Conversely, the yearly low was recorded on December 18, dropping to 0.1347.

This high-to-low spread represents a total annual volatility of 0.0110 MOP. From a start-to-finish perspective, comparing the January average rate of 0.1439 to the December average rate of 0.1370, the exchange rate registered a net change of -4.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1457 was down 4.16% compared to the 2023 peak of 0.1520, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 36,415 MOP
2023 Average 36,241 MOP
Yearly Trough Low 33,669 MOP
Transaction Impact: A difference of 2,745.09 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1448
0.1358
JanuMarcMayJulySeptNove

PHP 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 0.1416, compared to 0.1391 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.1416
H2 Avg (Jul–Dec) 0.1391

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0056 MOP (High: 0.1432 / Low: 0.1376). On the other end, July was the most stable month, with a tight range of 0.0013 MOP (High: 0.1381 / Low: 0.1369).

August Spread (Volatile) ±0.0056
July Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between June and September, 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 0.0039 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1439) against the same month in 2023 (average: 0.1466), the exchange rate shifted by -0.0028 (-1.89%).

2024 Avg (January) 0.1439
2023 Avg (January) 0.1466

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1457 0.1426 0.1439
February 0.1449 0.1430 0.1438
March 0.1456 0.1422 0.1441
April 0.1433 0.1393 0.1414
May 0.1410 0.1375 0.1392
June 0.1379 0.1362 0.1370
July 0.1381 0.1369 0.1375
August 0.1432 0.1376 0.1409
September 0.1447 0.1417 0.1432
October 0.1426 0.1371 0.1393
November 0.1377 0.1355 0.1365
December 0.1388 0.1347 0.1370