2019 GEL to MOP Historical Review

YEARLY HIGH

3.0678 MOP

YEARLY LOW

2.6949 MOP

YEARLY AVERAGE

2.8713 MOP

2019 GEL to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GEL to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 3.0678. Conversely, the yearly low was recorded on November 21, dropping to 2.6949.

This high-to-low spread represents a total annual volatility of 0.3729 MOP. From a start-to-finish perspective, comparing the January average rate of 3.0329 to the December average rate of 2.7796, the exchange rate registered a net change of -8.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 3.0678 was down 8.21% compared to the 2018 peak of 3.3421, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,339 MOP

2018 Average 16,251 MOP

Yearly Trough Low 13,475 MOP

Transaction Impact: A difference of 1,864.39 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

3.0808

2.6839

JanuMarcMayJulySeptNove

GEL 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 2.9904, compared to 2.7522 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2383 points.

H1 Avg (Jan–Jun) 2.9904

H2 Avg (Jul–Dec) 2.7522

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.1577 MOP (High: 2.8721 / Low: 2.7144). On the other end, April was the most stable month, with a tight range of 0.0315 MOP (High: 3.0114 / Low: 2.9800).

July Spread (Volatile) ±0.1577

April Spread (Stable) ±0.0315

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.1021 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 3.0478) against the same month in 2018 (average: 3.2763), the exchange rate shifted by -0.2286 (-6.98%).

2019 Avg (February) 3.0478

2018 Avg (February) 3.2763

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.0550	3.0028	3.0329
February	3.0678	3.0068	3.0478
March	3.0391	2.9998	3.0140
April	3.0114	2.9800	2.9989
May	2.9872	2.8814	2.9384
June	2.9659	2.8123	2.9106
July	2.8721	2.7144	2.8086
August	2.7777	2.7144	2.7560
September	2.7601	2.7030	2.7263
October	2.7421	2.6973	2.7255
November	2.7339	2.6949	2.7170
December	2.8107	2.7134	2.7796