2018 MOP to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MOP to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MOP to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 1143.7779. Conversely, the yearly low was recorded on August 18, dropping to 1105.3709.
This high-to-low spread represents a total annual volatility of 38.4071 GNF. From a start-to-finish perspective, comparing the January average rate of 1118.6835 to the December average rate of 1136.0652, the exchange rate registered a net change of 1.55% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 1143.7779 was down 3.75% compared to the 2017 peak of 1188.2918, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
MOP to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1116.7567, compared to 1125.5965 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.8398 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 20.2314 GNF (High: 1125.6022 / Low: 1105.3709). On the other end, June was the most stable month, with a tight range of 2.8442 GNF (High: 1118.7862 / Low: 1115.9421).
Growth Streaks & Declines
TrendsBetween 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 February and March, when the average rate fell by 2.2547 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2018: 1136.0652) against the same month in 2017 (average: 1120.5129), the exchange rate shifted by +15.5523 (+1.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1124.0396 | 1112.6336 | 1118.6835 |
| February | 1120.2713 | 1116.2762 | 1117.7992 |
| March | 1117.4743 | 1113.0795 | 1115.5445 |
| April | 1117.9140 | 1110.1168 | 1115.8767 |
| May | 1118.6552 | 1111.5924 | 1115.2079 |
| June | 1118.7862 | 1115.9421 | 1117.4285 |
| July | 1125.4880 | 1116.7229 | 1119.6406 |
| August | 1125.6022 | 1105.3709 | 1119.4700 |
| September | 1132.0731 | 1118.3764 | 1122.8751 |
| October | 1131.0082 | 1121.1545 | 1125.2562 |
| November | 1138.9245 | 1125.5092 | 1130.2719 |
| December | 1143.7779 | 1127.4922 | 1136.0652 |