YEARLY HIGH
1.3969 MOP
YEARLY LOW
1.3005 MOP
YEARLY AVERAGE
1.3524 MOP

2021 GHS to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 1.3969. Conversely, the yearly low was recorded on December 9, dropping to 1.3005.

This high-to-low spread represents a total annual volatility of 0.0965 MOP. From a start-to-finish perspective, comparing the January average rate of 1.3649 to the December average rate of 1.3079, the exchange rate registered a net change of -4.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.3969 was down 7.41% compared to the 2020 peak of 1.5087, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,985 MOP
2020 Average 6,969 MOP
Yearly Trough Low 6,502 MOP
Transaction Impact: A difference of 482.27 MOP purely based on transaction execution date.

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1.4008
1.2995
JanuMarcMayJulySeptNove

GHS 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 1.3803, compared to 1.3245 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0557 points.

H1 Avg (Jan–Jun) 1.3803
H2 Avg (Jul–Dec) 1.3245

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0275 MOP (High: 1.3663 / Low: 1.3388). On the other end, April was the most stable month, with a tight range of 0.0078 MOP (High: 1.3897 / Low: 1.3818).

July Spread (Volatile) Âą0.0275
April Spread (Stable) Âą0.0078

Growth Streaks & Declines

Trends

Between January and March, 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 June and July, when the average rate fell by 0.0274 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0274

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 1.3924) against the same month in 2020 (average: 1.4329), the exchange rate shifted by -0.0405 (-2.83%).

2021 Avg (March) 1.3924
2020 Avg (March) 1.4329

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Month High Low Average
January 1.3699 1.3533 1.3649
February 1.3894 1.3692 1.3783
March 1.3969 1.3847 1.3924
April 1.3897 1.3818 1.3850
May 1.3882 1.3794 1.3853
June 1.3822 1.3673 1.3757
July 1.3663 1.3388 1.3483
August 1.3472 1.3258 1.3321
September 1.3440 1.3210 1.3284
October 1.3267 1.3118 1.3198
November 1.3186 1.3062 1.3106
December 1.3203 1.3005 1.3079