YEARLY HIGH
43.5986 NGN
YEARLY LOW
24.7071 NGN
YEARLY AVERAGE
32.1964 NGN

2016 MOP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MOP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 43.5986. Conversely, the yearly low was recorded on January 21, dropping to 24.7071.

This high-to-low spread represents a total annual volatility of 18.8915 NGN. From a start-to-finish perspective, comparing the January average rate of 24.8363 to the December average rate of 39.3887, the exchange rate registered a net change of 58.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 43.5986 was up 69.83% compared to the 2015 peak of 25.6717, 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 217,993 NGN
2015 Average 123,918 NGN
Yearly Trough Low 123,535 NGN
Transaction Impact: A difference of 94,457.52 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

41.9055
23.2708
JanuMarcMayJulySeptNove

MOP to NGN 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 25.4006, compared to 38.9923 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.5917 points.

H1 Avg (Jan–Jun) 25.4006
H2 Avg (Jul–Dec) 38.9923

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 10.5400 NGN (High: 35.3736 / Low: 24.8336). On the other end, May was the most stable month, with a tight range of 0.0478 NGN (High: 24.9184 / Low: 24.8706).

June Spread (Volatile) ±10.5400
May Spread (Stable) ±0.0478

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 1.1844 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.1844

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 40.3526) against the same month in 2015 (average: 24.9320), the exchange rate shifted by +15.4206 (+61.85%).

2016 Avg (August) 40.3526
2015 Avg (August) 24.9320

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 24.9351 24.7071 24.8363
February 24.8756 24.7491 24.8237
March 24.9610 24.8447 24.9030
April 24.9424 24.8843 24.9169
May 24.9184 24.8706 24.8930
June 35.3736 24.8336 28.0305
July 40.0469 35.2874 36.6124
August 43.5986 39.0462 40.3526
September 39.4045 38.9432 39.1682
October 39.5101 38.6358 39.1744
November 39.5161 38.9337 39.2576
December 39.7268 38.1550 39.3887