YEARLY HIGH
4.9288 ETB
YEARLY LOW
3.9573 ETB
YEARLY AVERAGE
4.3745 ETB

2020 MOP to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MOP to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 4.9288. Conversely, the yearly low was recorded on February 3, dropping to 3.9573.

This high-to-low spread represents a total annual volatility of 0.9716 ETB. From a start-to-finish perspective, comparing the January average rate of 4.0040 to the December average rate of 4.8471, the exchange rate registered a net change of 21.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 4.9288 was up 23.64% compared to the 2019 peak of 3.9863, 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 24,644 ETB
2019 Average 18,102 ETB
Yearly Trough Low 19,786 ETB
Transaction Impact: A difference of 4,857.85 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

4.9314
3.9197
JanuMarcMayJulySeptNove

MOP to ETB 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 4.1283, compared to 4.6208 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4925 points.

H1 Avg (Jan–Jun) 4.1283
H2 Avg (Jul–Dec) 4.6208

Volatility Range Comparison

Volatility

The most volatile month in 2020 was October, with a trading range of 0.1631 ETB (High: 4.7711 / Low: 4.6081). On the other end, January was the most stable month, with a tight range of 0.0492 ETB (High: 4.0291 / Low: 3.9799).

October Spread (Volatile) ±0.1631
January Spread (Stable) ±0.0492

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 2020: 4.8471) against the same month in 2019 (average: 3.9180), the exchange rate shifted by +0.9291 (+23.71%).

2020 Avg (December) 4.8471
2019 Avg (December) 3.9180

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.0291 3.9799 4.0040
February 4.0468 3.9573 4.0083
March 4.1481 4.0315 4.0790
April 4.1847 4.0825 4.1409
May 4.2855 4.1596 4.2279
June 4.3906 4.2576 4.3096
July 4.4214 4.3574 4.4071
August 4.5281 4.3815 4.4775
September 4.6147 4.5156 4.5894
October 4.7711 4.6081 4.6612
November 4.7872 4.6394 4.7423
December 4.9288 4.7850 4.8471