YEARLY HIGH
1.9068 ZAR
YEARLY LOW
1.4313 ZAR
YEARLY AVERAGE
1.6403 ZAR

2018 MOP to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MOP to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 1.9068. Conversely, the yearly low was recorded on February 24, dropping to 1.4313.

This high-to-low spread represents a total annual volatility of 0.4755 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.5139 to the December average rate of 1.7734, the exchange rate registered a net change of 17.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.9068 was up 5.71% compared to the 2017 peak of 1.8038, 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 9,534 ZAR
2017 Average 8,292 ZAR
Yearly Trough Low 7,157 ZAR
Transaction Impact: A difference of 2,377.44 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.8611
1.4310
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 1.5234, compared to 1.7573 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2339 points.

H1 Avg (Jan–Jun) 1.5234
H2 Avg (Jul–Dec) 1.7573

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.1832 ZAR (High: 1.8186 / Low: 1.6354). On the other end, March was the most stable month, with a tight range of 0.0514 ZAR (High: 1.4927 / Low: 1.4413).

August Spread (Volatile) ±0.1832
March Spread (Stable) ±0.0514

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0539 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0539

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 1.8253) against the same month in 2017 (average: 1.6336), the exchange rate shifted by +0.1916 (+11.73%).

2018 Avg (September) 1.8253
2017 Avg (September) 1.6336

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5462 1.4736 1.5139
February 1.5094 1.4313 1.4669
March 1.4927 1.4413 1.4668
April 1.5397 1.4636 1.4973
May 1.5808 1.5136 1.5503
June 1.7154 1.5523 1.6451
July 1.7126 1.6229 1.6563
August 1.8186 1.6354 1.7389
September 1.9068 1.7508 1.8253
October 1.8428 1.7564 1.8019
November 1.7938 1.6971 1.7481
December 1.8154 1.6962 1.7734