YEARLY HIGH
2.8874 MOP
YEARLY LOW
2.3071 MOP
YEARLY AVERAGE
2.5735 MOP

2020 GEL to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GEL to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 2.8874. Conversely, the yearly low was recorded on March 25, dropping to 2.3071.

This high-to-low spread represents a total annual volatility of 0.5803 MOP. From a start-to-finish perspective, comparing the January average rate of 2.7823 to the December average rate of 2.4241, the exchange rate registered a net change of -12.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.8874 was down 5.88% compared to the 2019 peak of 3.0678, 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 14,437 MOP
2019 Average 14,351 MOP
Yearly Trough Low 11,535 MOP
Transaction Impact: A difference of 2,901.62 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.8580
2.3659
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 2.6468, compared to 2.5002 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1466 points.

H1 Avg (Jan–Jun) 2.6468
H2 Avg (Jul–Dec) 2.5002

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.5786 MOP (High: 2.8857 / Low: 2.3071). On the other end, August was the most stable month, with a tight range of 0.0257 MOP (High: 2.5950 / Low: 2.5693).

March Spread (Volatile) ±0.5786
August Spread (Stable) ±0.0257

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1599 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1599

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 2.8170) against the same month in 2019 (average: 3.0478), the exchange rate shifted by -0.2308 (-7.57%).

2020 Avg (February) 2.8170
2019 Avg (February) 3.0478

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8187 2.7642 2.7823
February 2.8874 2.7680 2.8170
March 2.8857 2.3071 2.6679
April 2.5388 2.4312 2.5080
May 2.5082 2.4785 2.4921
June 2.7058 2.5021 2.6135
July 2.6130 2.5789 2.5982
August 2.5950 2.5693 2.5830
September 2.5961 2.3815 2.5134
October 2.4911 2.4357 2.4753
November 2.4643 2.3359 2.4069
December 2.4415 2.4010 2.4241