YEARLY HIGH
12.5572 CVE
YEARLY LOW
11.8812 CVE
YEARLY AVERAGE
12.2429 CVE

2019 MOP to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MOP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 12.5572. Conversely, the yearly low was recorded on January 10, dropping to 11.8812.

This high-to-low spread represents a total annual volatility of 0.6760 CVE. From a start-to-finish perspective, comparing the January average rate of 11.9873 to the December average rate of 12.4103, the exchange rate registered a net change of 3.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 12.5572 was up 2.93% compared to the 2018 peak of 12.1999, 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 62,786 CVE
2018 Average 58,053 CVE
Yearly Trough Low 59,406 CVE
Transaction Impact: A difference of 3,380.06 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

12.4766
11.9428
JanuMarcMayJulySeptNove

MOP to CVE 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 12.1207, compared to 12.3651 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2444 points.

H1 Avg (Jan–Jun) 12.1207
H2 Avg (Jul–Dec) 12.3651

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.3924 CVE (High: 12.5558 / Low: 12.1634). On the other end, May was the most stable month, with a tight range of 0.1274 CVE (High: 12.3009 / Low: 12.1735).

August Spread (Volatile) ±0.3924
May Spread (Stable) ±0.1274

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0694 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0694

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 12.4103) against the same month in 2018 (average: 12.0576), the exchange rate shifted by +0.3527 (+2.93%).

2019 Avg (December) 12.4103
2018 Avg (December) 12.0576

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.0754 11.8812 11.9873
February 12.1388 11.9231 12.0459
March 12.2025 12.0299 12.1021
April 12.3189 12.1161 12.1866
May 12.3009 12.1735 12.2359
June 12.3312 12.0881 12.1665
July 12.3506 12.0849 12.2301
August 12.5558 12.1634 12.2989
September 12.5255 12.3481 12.4321
October 12.5332 12.2809 12.3953
November 12.5356 12.3105 12.4241
December 12.5572 12.3041 12.4103