YEARLY HIGH
45.5970 NGN
YEARLY LOW
37.8666 NGN
YEARLY AVERAGE
44.6196 NGN

2019 MOP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MOP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 45.5970. Conversely, the yearly low was recorded on June 5, dropping to 37.8666.

This high-to-low spread represents a total annual volatility of 7.7304 NGN. From a start-to-finish perspective, comparing the January average rate of 44.9948 to the December average rate of 45.1213, the exchange rate registered a net change of 0.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 45.5970 was up 0.11% compared to the 2018 peak of 45.5454, 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 227,985 NGN
2018 Average 223,796 NGN
Yearly Trough Low 189,333 NGN
Transaction Impact: A difference of 38,652.22 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

45.3206
42.9292
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 44.4195, compared to 44.8197 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4002 points.

H1 Avg (Jan–Jun) 44.4195
H2 Avg (Jul–Dec) 44.8197

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 7.6725 NGN (High: 45.5970 / Low: 37.9245). On the other end, November was the most stable month, with a tight range of 0.1822 NGN (High: 45.0169 / Low: 44.8347).

August Spread (Volatile) ±7.6725
November Spread (Stable) ±0.1822

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 1.4372 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.4372

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 44.4820) against the same month in 2018 (average: 44.6701), the exchange rate shifted by -0.1881 (-0.42%).

2019 Avg (August) 44.4820
2018 Avg (August) 44.6701

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 45.2326 44.7439 44.9948
February 44.9022 44.6373 44.7151
March 44.7464 44.3956 44.5541
April 44.7626 44.3761 44.5588
May 44.7806 44.4895 44.5656
June 44.8579 37.8666 43.1285
July 44.9940 44.6461 44.7902
August 45.5970 37.9245 44.4820
September 44.9596 44.4244 44.7989
October 44.9383 44.6871 44.7970
November 45.0169 44.8347 44.9287
December 45.3166 44.8544 45.1213