2018 MOP to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
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.
Comparing the value generated converting 5,000 MOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |