YEARLY HIGH
1.9328 ZAR
YEARLY LOW
1.6354 ZAR
YEARLY AVERAGE
1.7903 ZAR

2019 MOP to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MOP to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 1.9328. Conversely, the yearly low was recorded on January 31, dropping to 1.6354.

This high-to-low spread represents a total annual volatility of 0.2973 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.7129 to the December average rate of 1.7908, the exchange rate registered a net change of 4.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.9328 was up 1.36% compared to the 2018 peak of 1.9068, 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 9,664 ZAR
2018 Average 8,207 ZAR
Yearly Trough Low 8,177 ZAR
Transaction Impact: A difference of 1,486.73 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.8982
1.6908
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 1.7570, compared to 1.8236 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0666 points.

H1 Avg (Jan–Jun) 1.7570
H2 Avg (Jul–Dec) 1.8236

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.1722 ZAR (High: 1.8076 / Low: 1.6354). On the other end, November was the most stable month, with a tight range of 0.0436 ZAR (High: 1.8619 / Low: 1.8183).

January Spread (Volatile) ±0.1722
November Spread (Stable) ±0.0436

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0593 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0593

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 1.8809) against the same month in 2018 (average: 1.7389), the exchange rate shifted by +0.1420 (+8.17%).

2019 Avg (August) 1.8809
2018 Avg (August) 1.7389

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8076 1.6354 1.7129
February 1.7477 1.6479 1.7081
March 1.8072 1.7525 1.7806
April 1.7893 1.7227 1.7503
May 1.8300 1.7524 1.7829
June 1.8598 1.7490 1.8071
July 1.7793 1.7238 1.7478
August 1.9328 1.8136 1.8809
September 1.8863 1.8084 1.8429
October 1.9050 1.8048 1.8440
November 1.8619 1.8183 1.8354
December 1.8342 1.7475 1.7908