YEARLY HIGH
5431.2526 IRR
YEARLY LOW
4421.6187 IRR
YEARLY AVERAGE
5038.7682 IRR

2018 MOP to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MOP to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 5431.2526. Conversely, the yearly low was recorded on January 3, dropping to 4421.6187.

This high-to-low spread represents a total annual volatility of 1009.6338 IRR. From a start-to-finish perspective, comparing the January average rate of 4476.0938 to the December average rate of 5243.5962, the exchange rate registered a net change of 17.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 5431.2526 was up 22.49% compared to the 2017 peak of 4433.9115, 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 27,156,263 IRR
2017 Average 20,593,388 IRR
Yearly Trough Low 22,108,094 IRR
Transaction Impact: A difference of 5,048,169.07 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

5449.0010
4387.6477
JanuMarcMayJulySeptNove

MOP to IRR 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 4769.9037, compared to 5307.6326 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 537.7290 points.

H1 Avg (Jan–Jun) 4769.9037
H2 Avg (Jul–Dec) 5307.6326

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 599.6447 IRR (High: 5220.3464 / Low: 4620.7018). On the other end, September was the most stable month, with a tight range of 38.8491 IRR (High: 5371.7559 / Low: 5332.9068).

May Spread (Volatile) ±599.6447
September Spread (Stable) ±38.8491

Growth Streaks & Declines

Trends

Between April and August, 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 September and October, when the average rate fell by 78.1315 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -78.1315

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 5360.5549) against the same month in 2017 (average: 4083.4407), the exchange rate shifted by +1277.1143 (+31.28%).

2018 Avg (August) 5360.5549
2017 Avg (August) 4083.4407

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4591.6919 4421.6187 4476.0938
February 4624.7302 4583.7608 4599.5626
March 4664.6532 4625.0637 4643.6955
April 4674.5325 4628.5164 4640.4959
May 5220.3464 4620.7018 5019.3435
June 5275.9236 5208.5319 5240.2305
July 5424.4988 5276.0273 5354.4964
August 5431.2526 5333.2481 5360.5549
September 5371.7559 5332.9068 5346.4273
October 5354.1209 5248.5566 5268.2958
November 5310.8275 5265.5203 5272.4254
December 5286.0613 5216.0172 5243.5962