2020 MOP to HNL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MOP to HNL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MOP to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 3.1581. Conversely, the yearly low was recorded on December 27, dropping to 3.0234.
This high-to-low spread represents a total annual volatility of 0.1347 HNL. From a start-to-finish perspective, comparing the January average rate of 3.0956 to the December average rate of 3.0360, the exchange rate registered a net change of -1.92% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 3.1581 was up 1.61% compared to the 2019 peak of 3.1081, 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 2020.
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 3.1133, compared to 3.0799 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0334 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was January, with a trading range of 0.1000 HNL (High: 3.1581 / Low: 3.0581). On the other end, October was the most stable month, with a tight range of 0.0191 HNL (High: 3.0891 / Low: 3.0700).
Growth Streaks & Declines
TrendsBetween January and May, 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 October and November, when the average rate fell by 0.0227 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2020: 3.0956) against the same month in 2019 (average: 3.0250), the exchange rate shifted by +0.0706 (+2.33%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.1581 | 3.0581 | 3.0956 |
| February | 3.1115 | 3.0737 | 3.0993 |
| March | 3.1400 | 3.0831 | 3.1118 |
| April | 3.1425 | 3.1093 | 3.1211 |
| May | 3.1443 | 3.1070 | 3.1283 |
| June | 3.1305 | 3.1096 | 3.1235 |
| July | 3.1243 | 3.0996 | 3.1166 |
| August | 3.1243 | 3.0776 | 3.0966 |
| September | 3.1069 | 3.0846 | 3.0952 |
| October | 3.0891 | 3.0700 | 3.0788 |
| November | 3.0780 | 3.0381 | 3.0560 |
| December | 3.0456 | 3.0234 | 3.0360 |