YEARLY HIGH
49.4317 NGN
YEARLY LOW
45.0519 NGN
YEARLY AVERAGE
47.6015 NGN

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MOP based on timing:

Yearly Peak High 247,159 NGN
2019 Average 223,109 NGN
Yearly Trough Low 225,259 NGN
Transaction Impact: A difference of 21,899.08 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

49.1001
44.8946
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 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.

H1 Avg (Jan–Jun) 47.0983
H2 Avg (Jul–Dec) 48.1046

Volatility Range Comparison

Volatility

The 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).

March Spread (Volatile) ±3.4339
June Spread (Stable) ±0.2335

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.3073

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (December) 48.0724
2019 Avg (December) 45.1213

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