2024 ZAR to MOP Historical Review

YEARLY HIGH

0.4682 MOP

YEARLY LOW

0.4170 MOP

YEARLY AVERAGE

0.4387 MOP

2024 ZAR to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ZAR to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 0.4682. Conversely, the yearly low was recorded on February 25, dropping to 0.4170.

This high-to-low spread represents a total annual volatility of 0.0512 MOP. From a start-to-finish perspective, comparing the January average rate of 0.4294 to the December average rate of 0.4389, the exchange rate registered a net change of 2.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4682 was down 2.52% compared to the 2023 peak of 0.4803, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 23,409 MOP

2023 Average 21,867 MOP

Yearly Trough Low 20,848 MOP

Transaction Impact: A difference of 2,561.48 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4595

0.4204

JanuMarcMayJulySeptNove

ZAR 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 0.4302, compared to 0.4471 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0169 points.

H1 Avg (Jan–Jun) 0.4302

H2 Avg (Jul–Dec) 0.4471

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0285 MOP (High: 0.4517 / Low: 0.4233). On the other end, October was the most stable month, with a tight range of 0.0119 MOP (High: 0.4617 / Low: 0.4498).

December Spread (Volatile) ±0.0285

October Spread (Stable) ±0.0119

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0094 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0094

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.4563) against the same month in 2023 (average: 0.4252), the exchange rate shifted by +0.0311 (+7.32%).

2024 Avg (September) 0.4563

2023 Avg (September) 0.4252

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4403	0.4191	0.4294
February	0.4326	0.4170	0.4236
March	0.4339	0.4208	0.4272
April	0.4371	0.4172	0.4270
May	0.4451	0.4283	0.4369
June	0.4485	0.4235	0.4372
July	0.4479	0.4326	0.4412
August	0.4537	0.4289	0.4443
September	0.4682	0.4471	0.4563
October	0.4617	0.4498	0.4558
November	0.4625	0.4384	0.4464
December	0.4517	0.4233	0.4389