YEARLY HIGH
45.5454 NGN
YEARLY LOW
44.4357 NGN
YEARLY AVERAGE
44.7590 NGN

2018 MOP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MOP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 45.5454. Conversely, the yearly low was recorded on April 4, dropping to 44.4357.

This high-to-low spread represents a total annual volatility of 1.1097 NGN. From a start-to-finish perspective, comparing the January average rate of 44.7245 to the December average rate of 45.1714, the exchange rate registered a net change of 1.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 45.5454 was down 0.62% compared to the 2017 peak of 45.8276, 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 227,727 NGN
2017 Average 207,921 NGN
Yearly Trough Low 222,178 NGN
Transaction Impact: A difference of 5,548.35 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

45.2369
44.4510
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 44.6156, compared to 44.9025 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2869 points.

H1 Avg (Jan–Jun) 44.6156
H2 Avg (Jul–Dec) 44.9025

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.8407 NGN (High: 45.5454 / Low: 44.7047). On the other end, February was the most stable month, with a tight range of 0.1445 NGN (High: 44.8117 / Low: 44.6672).

November Spread (Volatile) ±0.8407
February Spread (Stable) ±0.1445

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1344 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.1344

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 45.0945) against the same month in 2017 (average: 44.7364), the exchange rate shifted by +0.3580 (+0.80%).

2018 Avg (November) 45.0945
2017 Avg (November) 44.7364

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 44.9616 44.5261 44.7245
February 44.8117 44.6672 44.7356
March 44.7231 44.5151 44.6012
April 44.5935 44.4357 44.5165
May 44.6670 44.4568 44.5493
June 44.6686 44.4933 44.5665
July 44.7822 44.4420 44.6170
August 44.8108 44.5098 44.6701
September 45.2031 44.4547 44.8459
October 45.1912 44.9102 45.0160
November 45.5454 44.7047 45.0945
December 45.3077 45.0316 45.1714