YEARLY HIGH
9.4855 INR
YEARLY LOW
9.0434 INR
YEARLY AVERAGE
9.2334 INR

2021 MOP to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MOP to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 9.4855. Conversely, the yearly low was recorded on March 21, dropping to 9.0434.

This high-to-low spread represents a total annual volatility of 0.4420 INR. From a start-to-finish perspective, comparing the January average rate of 9.1511 to the December average rate of 9.3862, the exchange rate registered a net change of 2.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 9.4855 was down 1.77% compared to the 2020 peak of 9.6560, 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 47,427 INR
2020 Average 46,404 INR
Yearly Trough Low 45,217 INR
Transaction Impact: A difference of 2,210.19 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

9.4146
9.0734
JanuMarcMayJulySeptNove

MOP to INR 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 9.1733, compared to 9.2935 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1202 points.

H1 Avg (Jan–Jun) 9.1733
H2 Avg (Jul–Dec) 9.2935

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.2847 INR (High: 9.4325 / Low: 9.1478). On the other end, January was the most stable month, with a tight range of 0.0924 INR (High: 9.2002 / Low: 9.1078).

April Spread (Volatile) ±0.2847
January Spread (Stable) ±0.0924

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1556 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1556

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 9.3862) against the same month in 2020 (average: 9.2246), the exchange rate shifted by +0.1616 (+1.75%).

2021 Avg (December) 9.3862
2020 Avg (December) 9.2246

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.2002 9.1078 9.1511
February 9.2272 9.0634 9.1191
March 9.1752 9.0434 9.1018
April 9.4325 9.1478 9.3076
May 9.2675 9.0575 9.1520
June 9.2976 9.1129 9.2079
July 9.3873 9.2728 9.3146
August 9.2918 9.1154 9.2443
September 9.2688 9.1104 9.1835
October 9.4189 9.2489 9.3512
November 9.3445 9.2201 9.2811
December 9.4855 9.2632 9.3862