2020 MAD to MOP Historical Review

YEARLY HIGH

0.8985 MOP

YEARLY LOW

0.7751 MOP

YEARLY AVERAGE

0.8422 MOP

2020 MAD to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MAD to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.8985. Conversely, the yearly low was recorded on April 6, dropping to 0.7751.

This high-to-low spread represents a total annual volatility of 0.1235 MOP. From a start-to-finish perspective, comparing the January average rate of 0.8334 to the December average rate of 0.8891, the exchange rate registered a net change of 6.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.8985 was up 5.04% compared to the 2019 peak of 0.8554, 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 4,493 MOP

2019 Average 4,196 MOP

Yearly Trough Low 3,875 MOP

Transaction Impact: A difference of 617.28 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.8992

0.7776

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 0.8183, compared to 0.8661 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0479 points.

H1 Avg (Jan–Jun) 0.8183

H2 Avg (Jul–Dec) 0.8661

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0583 MOP (High: 0.8499 / Low: 0.7916). On the other end, January was the most stable month, with a tight range of 0.0088 MOP (High: 0.8385 / Low: 0.8297).

March Spread (Volatile) ±0.0583

January Spread (Stable) ±0.0088

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0381 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0381

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.8891) against the same month in 2019 (average: 0.8352), the exchange rate shifted by +0.0539 (+6.45%).

2020 Avg (December) 0.8891

2019 Avg (December) 0.8352

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8385	0.8297	0.8334
February	0.8361	0.8218	0.8276
March	0.8499	0.7916	0.8259
April	0.8077	0.7751	0.7878
May	0.8160	0.8053	0.8104
June	0.8295	0.8162	0.8247
July	0.8568	0.8221	0.8360
August	0.8718	0.8529	0.8648
September	0.8751	0.8592	0.8656
October	0.8726	0.8618	0.8670
November	0.8806	0.8638	0.8744
December	0.8985	0.8583	0.8891