2017 MOP to HNL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MOP to HNL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MOP to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 2.9676. Conversely, the yearly low was recorded on January 17, dropping to 2.8565.
This high-to-low spread represents a total annual volatility of 0.1111 HNL. From a start-to-finish perspective, comparing the January average rate of 2.9231 to the December average rate of 2.9368, the exchange rate registered a net change of 0.47% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 2.9676 was up 1.06% compared to the 2016 peak of 2.9365, 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 2017.
MOP to HNL 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 2.9297, compared to 2.9202 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0095 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 0.1111 HNL (High: 2.9676 / Low: 2.8565). On the other end, May was the most stable month, with a tight range of 0.0233 HNL (High: 2.9380 / Low: 2.9147).
Growth Streaks & Declines
TrendsBetween August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0153 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 2.9231) against the same month in 2016 (average: 2.7984), the exchange rate shifted by +0.1247 (+4.46%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2.9676 | 2.8565 | 2.9231 |
| February | 2.9591 | 2.9286 | 2.9457 |
| March | 2.9518 | 2.9140 | 2.9398 |
| April | 2.9385 | 2.9065 | 2.9245 |
| May | 2.9380 | 2.9147 | 2.9263 |
| June | 2.9358 | 2.8969 | 2.9190 |
| July | 2.9237 | 2.8860 | 2.9139 |
| August | 2.9306 | 2.8785 | 2.9014 |
| September | 2.9382 | 2.8974 | 2.9091 |
| October | 2.9403 | 2.9057 | 2.9219 |
| November | 2.9514 | 2.9202 | 2.9382 |
| December | 2.9493 | 2.9247 | 2.9368 |