2021 MOP to CVE Historical Review

YEARLY HIGH

12.3137 CVE

YEARLY LOW

11.2840 CVE

YEARLY AVERAGE

11.6902 CVE

2021 MOP to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MOP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 12.3137. Conversely, the yearly low was recorded on January 3, dropping to 11.2840.

This high-to-low spread represents a total annual volatility of 1.0297 CVE. From a start-to-finish perspective, comparing the January average rate of 11.3869 to the December average rate of 12.1976, the exchange rate registered a net change of 7.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 12.3137 was down 61.76% compared to the 2020 peak of 32.2052, 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 61,569 CVE

2020 Average 61,053 CVE

Yearly Trough Low 56,420 CVE

Transaction Impact: A difference of 5,148.55 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

12.2787

11.3058

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 11.4973, compared to 11.8832 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3859 points.

H1 Avg (Jan–Jun) 11.4973

H2 Avg (Jul–Dec) 11.8832

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.6737 CVE (High: 11.9819 / Low: 11.3082). On the other end, December was the most stable month, with a tight range of 0.1128 CVE (High: 12.2484 / Low: 12.1356).

June Spread (Volatile) ±0.6737

December Spread (Stable) ±0.1128

Growth Streaks & Declines

Trends

Between August and December, 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 April and May, when the average rate fell by 0.1722 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1722

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 12.0756) against the same month in 2020 (average: 11.7133), the exchange rate shifted by +0.3623 (+3.09%).

2021 Avg (November) 12.0756

2020 Avg (November) 11.7133

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.4582	11.2840	11.3869
February	11.5865	11.4075	11.4646
March	11.7858	11.4829	11.6414
April	11.7775	11.4318	11.5780
May	11.5440	11.3071	11.4058
June	11.9819	11.3082	11.5070
July	11.7794	11.6377	11.7081
August	11.8084	11.6284	11.6978
September	11.8971	11.6251	11.7154
October	11.9497	11.8195	11.9044
November	12.3137	11.8922	12.0756
December	12.2484	12.1356	12.1976