YEARLY HIGH
0.8849 MOP
YEARLY LOW
0.8371 MOP
YEARLY AVERAGE
0.8602 MOP

2018 MAD to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MAD to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.8849. Conversely, the yearly low was recorded on December 15, dropping to 0.8371.

This high-to-low spread represents a total annual volatility of 0.0479 MOP. From a start-to-finish perspective, comparing the January average rate of 0.8703 to the December average rate of 0.8448, the exchange rate registered a net change of -2.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.8849 was up 1.90% compared to the 2017 peak of 0.8685, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,425 MOP
2017 Average 4,138 MOP
Yearly Trough Low 4,185 MOP
Transaction Impact: A difference of 239.35 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.8827
0.8414
JanuMarcMayJulySeptNove

MAD 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 0.8689, compared to 0.8514 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0175 points.

H1 Avg (Jan–Jun) 0.8689
H2 Avg (Jul–Dec) 0.8514

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0251 MOP (High: 0.8702 / Low: 0.8451). On the other end, July was the most stable month, with a tight range of 0.0068 MOP (High: 0.8575 / Low: 0.8507).

May Spread (Volatile) ±0.0251
July Spread (Stable) ±0.0068

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 April and May, when the average rate fell by 0.0192 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0192

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.8792) against the same month in 2017 (average: 0.7964), the exchange rate shifted by +0.0829 (+10.40%).

2018 Avg (March) 0.8792
2017 Avg (March) 0.7964

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8805 0.8581 0.8703
February 0.8834 0.8705 0.8768
March 0.8849 0.8739 0.8792
April 0.8825 0.8706 0.8775
May 0.8702 0.8451 0.8583
June 0.8577 0.8462 0.8513
July 0.8575 0.8507 0.8546
August 0.8624 0.8445 0.8523
September 0.8640 0.8559 0.8584
October 0.8564 0.8447 0.8511
November 0.8530 0.8409 0.8474
December 0.8500 0.8371 0.8448