2022 GEL to MOP Historical Review

YEARLY HIGH

3.0350 MOP

YEARLY LOW

2.3340 MOP

YEARLY AVERAGE

2.7751 MOP

2022 GEL to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GEL to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 3.0350. Conversely, the yearly low was recorded on March 8, dropping to 2.3340.

This high-to-low spread represents a total annual volatility of 0.7009 MOP. From a start-to-finish perspective, comparing the January average rate of 2.6071 to the December average rate of 2.9986, the exchange rate registered a net change of 15.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 3.0350 was up 15.69% compared to the 2021 peak of 2.6234, 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 15,175 MOP

2021 Average 12,461 MOP

Yearly Trough Low 11,670 MOP

Transaction Impact: A difference of 3,504.75 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

3.0486

2.4480

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 2.6505, compared to 2.8997 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2492 points.

H1 Avg (Jan–Jun) 2.6505

H2 Avg (Jul–Dec) 2.8997

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.2622 MOP (High: 2.5962 / Low: 2.3340). On the other end, January was the most stable month, with a tight range of 0.0553 MOP (High: 2.6383 / Low: 2.5830).

March Spread (Volatile) ±0.2622

January Spread (Stable) ±0.0553

Growth Streaks & Declines

Trends

Between March and August, 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 February and March, when the average rate fell by 0.1804 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1804

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 2.9986) against the same month in 2021 (average: 2.5942), the exchange rate shifted by +0.4044 (+15.59%).

2022 Avg (December) 2.9986

2021 Avg (December) 2.5942

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6383	2.5830	2.6071
February	2.7531	2.5185	2.6785
March	2.5962	2.3340	2.4981
April	2.6726	2.6021	2.6433
May	2.8481	2.6514	2.7245
June	2.7978	2.6888	2.7516
July	2.9248	2.7369	2.7658
August	2.9990	2.7891	2.9195
September	2.8801	2.6972	2.8431
October	2.9415	2.8635	2.9100
November	2.9967	2.9218	2.9612
December	3.0350	2.9616	2.9986