YEARLY HIGH
56.0149 NGN
YEARLY LOW
50.8979 NGN
YEARLY AVERAGE
52.5238 NGN

2022 MOP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MOP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 56.0149. Conversely, the yearly low was recorded on April 17, dropping to 50.8979.

This high-to-low spread represents a total annual volatility of 5.1170 NGN. From a start-to-finish perspective, comparing the January average rate of 51.5601 to the December average rate of 55.5194, the exchange rate registered a net change of 7.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 56.0149 was up 8.40% compared to the 2021 peak of 51.6722, 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 280,074 NGN
2021 Average 251,911 NGN
Yearly Trough Low 254,489 NGN
Transaction Impact: A difference of 25,584.95 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

55.9352
50.9451
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 51.5340, compared to 53.5136 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9796 points.

H1 Avg (Jan–Jun) 51.5340
H2 Avg (Jul–Dec) 53.5136

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 1.6887 NGN (High: 53.7407 / Low: 52.0519). On the other end, May was the most stable month, with a tight range of 0.1251 NGN (High: 51.4077 / Low: 51.2825).

September Spread (Volatile) ±1.6887
May Spread (Stable) ±0.1251

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.2434 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.2434

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 55.5194) against the same month in 2021 (average: 51.1844), the exchange rate shifted by +4.3349 (+8.47%).

2022 Avg (December) 55.5194
2021 Avg (December) 51.1844

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 51.8480 51.2098 51.5601
February 51.9425 51.6568 51.8076
March 51.8226 51.5068 51.6486
April 51.6042 50.8979 51.4052
May 51.4077 51.2825 51.3609
June 51.9147 50.9806 51.4216
July 52.6579 51.2528 51.8063
August 52.7073 51.2656 52.0487
September 53.7407 52.0519 53.0124
October 54.6143 53.3365 53.8878
November 55.2590 54.3056 54.8069
December 56.0149 55.3104 55.5194