YEARLY HIGH
10.9435 MOP
YEARLY LOW
9.6078 MOP
YEARLY AVERAGE
10.3409 MOP

2017 GIP to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GIP to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 10.9435. Conversely, the yearly low was recorded on January 16, dropping to 9.6078.

This high-to-low spread represents a total annual volatility of 1.3357 MOP. From a start-to-finish perspective, comparing the January average rate of 9.8632 to the December average rate of 10.7891, the exchange rate registered a net change of 9.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 10.9435 was down 8.47% compared to the 2016 peak of 11.9561, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 54,718 MOP
2016 Average 54,177 MOP
Yearly Trough Low 48,039 MOP
Transaction Impact: A difference of 6,678.50 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

10.8818
9.7701
JanuMarcMayJulySeptNove

GIP 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 10.0767, compared to 10.6051 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5284 points.

H1 Avg (Jan–Jun) 10.0767
H2 Avg (Jul–Dec) 10.6051

Volatility Range Comparison

Volatility

The most volatile month in 2017 was September, with a trading range of 0.5192 MOP (High: 10.9435 / Low: 10.4243). On the other end, December was the most stable month, with a tight range of 0.1523 MOP (High: 10.8624 / Low: 10.7101).

September Spread (Volatile) ±0.5192
December Spread (Stable) ±0.1523

Growth Streaks & Declines

Trends

Between March and May, 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 September and October, when the average rate fell by 0.1122 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1122

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 10.7280) against the same month in 2016 (average: 10.5056), the exchange rate shifted by +0.2224 (+2.12%).

2017 Avg (September) 10.7280
2016 Avg (September) 10.5056

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.1135 9.6078 9.8632
February 10.1530 9.8967 9.9742
March 10.0641 9.6676 9.8628
April 10.4159 9.9038 10.1328
May 10.4096 10.2522 10.3560
June 10.4530 10.1651 10.2710
July 10.5497 10.3150 10.4478
August 10.6338 10.2965 10.4242
September 10.9435 10.4243 10.7280
October 10.8432 10.4836 10.6158
November 10.8310 10.4850 10.6254
December 10.8624 10.7101 10.7891