YEARLY HIGH
3.0378 HNL
YEARLY LOW
2.8404 HNL
YEARLY AVERAGE
2.9622 HNL

2018 MOP to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MOP to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 3.0378. Conversely, the yearly low was recorded on December 5, dropping to 2.8404.

This high-to-low spread represents a total annual volatility of 0.1974 HNL. From a start-to-finish perspective, comparing the January average rate of 2.9344 to the December average rate of 3.0112, the exchange rate registered a net change of 2.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 3.0378 was up 2.36% compared to the 2017 peak of 2.9676, 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 15,189 HNL
2017 Average 14,624 HNL
Yearly Trough Low 14,202 HNL
Transaction Impact: A difference of 987.05 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

3.0202
2.9176
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 2.9372, compared to 2.9872 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0500 points.

H1 Avg (Jan–Jun) 2.9372
H2 Avg (Jul–Dec) 2.9872

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.1974 HNL (High: 3.0378 / Low: 2.8404). On the other end, August was the most stable month, with a tight range of 0.0096 HNL (High: 2.9746 / Low: 2.9650).

December Spread (Volatile) ±0.1974
August Spread (Stable) ±0.0096

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0056 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 3.0112) against the same month in 2017 (average: 2.9368), the exchange rate shifted by +0.0743 (+2.53%).

2018 Avg (December) 3.0112
2017 Avg (December) 2.9368

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9417 2.9195 2.9344
February 2.9349 2.9198 2.9288
March 2.9313 2.9216 2.9262
April 2.9420 2.9227 2.9283
May 2.9582 2.9206 2.9406
June 2.9750 2.9439 2.9647
July 2.9758 2.9517 2.9670
August 2.9746 2.9650 2.9707
September 2.9973 2.9686 2.9790
October 2.9902 2.9779 2.9836
November 3.0277 2.9913 3.0116
December 3.0378 2.8404 3.0112