2021 MOP to ARS Historical Review

YEARLY HIGH

12.7816 ARS

YEARLY LOW

10.5069 ARS

YEARLY AVERAGE

11.8697 ARS

2021 MOP to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MOP to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 12.7816. Conversely, the yearly low was recorded on January 3, dropping to 10.5069.

This high-to-low spread represents a total annual volatility of 2.2747 ARS. From a start-to-finish perspective, comparing the January average rate of 10.7521 to the December average rate of 12.6764, the exchange rate registered a net change of 17.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 12.7816 was up 21.30% compared to the 2020 peak of 10.5374, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 63,908 ARS

2020 Average 44,178 ARS

Yearly Trough Low 52,534 ARS

Transaction Impact: A difference of 11,373.37 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

12.8688

10.5597

JanuMarcMayJulySeptNove

MOP to ARS 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 11.4142, compared to 12.3252 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9110 points.

H1 Avg (Jan–Jun) 11.4142

H2 Avg (Jul–Dec) 12.3252

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.4384 ARS (High: 10.9453 / Low: 10.5069). On the other end, July was the most stable month, with a tight range of 0.1053 ARS (High: 12.0789 / Low: 11.9736).

January Spread (Volatile) ±0.4384

July Spread (Stable) ±0.1053

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 12.6764) against the same month in 2020 (average: 10.3400), the exchange rate shifted by +2.3364 (+22.60%).

2021 Avg (December) 12.6764

2020 Avg (December) 10.3400

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.9453	10.5069	10.7521
February	11.2506	10.9749	11.1049
March	11.4911	11.2739	11.3833
April	11.6951	11.4174	11.5794
May	11.8352	11.6839	11.7577
June	11.9648	11.8421	11.9078
July	12.0789	11.9736	12.0222
August	12.2065	12.0809	12.1188
September	12.3076	12.1975	12.2554
October	12.4460	12.3000	12.3770
November	12.5715	12.4490	12.5012
December	12.7816	12.5827	12.6764