2024 USD to MOP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 USD to MOP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the USD to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 8.1273. Conversely, the yearly low was recorded on August 25, dropping to 7.9706.
This high-to-low spread represents a total annual volatility of 0.1567 MOP. From a start-to-finish perspective, comparing the January average rate of 8.0502 to the December average rate of 8.0039, the exchange rate registered a net change of -0.57% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 8.1273 was down 0.35% compared to the 2023 peak of 8.1561, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 USD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
USD to MOP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 8.0522, compared to 8.0200 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0322 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 0.0887 MOP (High: 8.1273 / Low: 8.0386). On the other end, July was the most stable month, with a tight range of 0.0340 MOP (High: 8.0528 / Low: 8.0188).
Growth Streaks & Declines
TrendsNo 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 0.0195 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2024: 8.0574) against the same month in 2023 (average: 8.0831), the exchange rate shifted by -0.0257 (-0.32%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.0715 | 8.0233 | 8.0502 |
| February | 8.1273 | 8.0386 | 8.0574 |
| March | 8.0759 | 8.0193 | 8.0545 |
| April | 8.0835 | 8.0454 | 8.0631 |
| May | 8.0583 | 7.9946 | 8.0436 |
| June | 8.0966 | 8.0204 | 8.0446 |
| July | 8.0528 | 8.0188 | 8.0416 |
| August | 8.0543 | 7.9706 | 8.0251 |
| September | 8.0436 | 7.9982 | 8.0263 |
| October | 8.0297 | 7.9936 | 8.0083 |
| November | 8.0519 | 7.9821 | 8.0146 |
| December | 8.0239 | 7.9735 | 8.0039 |