YEARLY HIGH
2.0999 ZAR
YEARLY LOW
1.6611 ZAR
YEARLY AVERAGE
1.8392 ZAR

2016 MOP to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MOP to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 2.0999. Conversely, the yearly low was recorded on November 8, dropping to 1.6611.

This high-to-low spread represents a total annual volatility of 0.4388 ZAR. From a start-to-finish perspective, comparing the January average rate of 2.0313 to the December average rate of 1.7345, the exchange rate registered a net change of -14.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.0999 was up 5.34% compared to the 2015 peak of 1.9934, 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 10,499 ZAR
2015 Average 8,000 ZAR
Yearly Trough Low 8,305 ZAR
Transaction Impact: A difference of 2,193.88 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.0621
1.6929
JanuMarcMayJulySeptNove

MOP to ZAR 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 1.9257, compared to 1.7526 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1732 points.

H1 Avg (Jan–Jun) 1.9257
H2 Avg (Jul–Dec) 1.7526

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.1948 ZAR (High: 1.9743 / Low: 1.7794). On the other end, December was the most stable month, with a tight range of 0.0720 ZAR (High: 1.7651 / Low: 1.6930).

May Spread (Volatile) ±0.1948
December Spread (Stable) ±0.0720

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0932 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0932

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 2.0313) against the same month in 2015 (average: 1.4463), the exchange rate shifted by +0.5850 (+40.45%).

2016 Avg (January) 2.0313
2015 Avg (January) 1.4463

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0999 1.9341 2.0313
February 2.0126 1.9018 1.9715
March 1.9809 1.8487 1.9223
April 1.9045 1.7808 1.8291
May 1.9743 1.7794 1.9139
June 1.9552 1.8012 1.8862
July 1.8493 1.7434 1.8018
August 1.8338 1.6690 1.7237
September 1.8264 1.6903 1.7627
October 1.7893 1.6990 1.7436
November 1.8055 1.6611 1.7493
December 1.7651 1.6930 1.7345