2016 MOP to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
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.
Comparing the value generated converting 5,000 MOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |