2020 MOP to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MOP to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MOP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 49.4317. Conversely, the yearly low was recorded on January 2, dropping to 45.0519.
This high-to-low spread represents a total annual volatility of 4.3798 NGN. From a start-to-finish perspective, comparing the January average rate of 45.2450 to the December average rate of 48.0724, the exchange rate registered a net change of 6.25% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 49.4317 was up 8.41% compared to the 2019 peak of 45.5970, 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 2020.
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 47.0983, compared to 48.1046 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0063 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 3.4339 NGN (High: 48.9372 / Low: 45.5034). On the other end, June was the most stable month, with a tight range of 0.2335 NGN (High: 48.6006 / Low: 48.3671).
Growth Streaks & Declines
TrendsBetween January and May, 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 July and August, when the average rate fell by 0.3073 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 48.0724) against the same month in 2019 (average: 45.1213), the exchange rate shifted by +2.9511 (+6.54%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 45.4159 | 45.0519 | 45.2450 |
| February | 45.5803 | 45.2488 | 45.4597 |
| March | 48.9372 | 45.5034 | 46.3796 |
| April | 48.8608 | 45.9499 | 48.2223 |
| May | 48.9820 | 48.3984 | 48.7497 |
| June | 48.6006 | 48.3671 | 48.5337 |
| July | 48.7183 | 48.4406 | 48.5531 |
| August | 48.6092 | 47.4043 | 48.2458 |
| September | 48.5437 | 47.6570 | 48.0626 |
| October | 48.3249 | 47.6564 | 47.8585 |
| November | 48.1456 | 47.6028 | 47.8351 |
| December | 49.4317 | 47.5252 | 48.0724 |