YEARLY HIGH
0.9086 MOP
YEARLY LOW
0.8619 MOP
YEARLY AVERAGE
0.8907 MOP

2021 MAD to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MAD to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 0.9086. Conversely, the yearly low was recorded on December 18, dropping to 0.8619.

This high-to-low spread represents a total annual volatility of 0.0467 MOP. From a start-to-finish perspective, comparing the January average rate of 0.8971 to the December average rate of 0.8681, the exchange rate registered a net change of -3.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9086 was up 1.12% compared to the 2020 peak of 0.8985, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,543 MOP
2020 Average 4,212 MOP
Yearly Trough Low 4,309 MOP
Transaction Impact: A difference of 233.73 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.9068
0.8645
JanuMarcMayJulySeptNove

MAD to MOP 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: JanтАУJun) was 0.8961, compared to 0.8852 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0109 points.

H1 Avg (JanтАУJun) 0.8961
H2 Avg (JulтАУDec) 0.8852

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0187 MOP (High: 0.8858 / Low: 0.8670). On the other end, October was the most stable month, with a tight range of 0.0047 MOP (High: 0.8875 / Low: 0.8828).

November Spread (Volatile) ┬▒0.0187
October Spread (Stable) ┬▒0.0047

Growth Streaks & Declines

Trends

Between March and May, 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 September and October, when the average rate fell by 0.0088 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.9033) against the same month in 2020 (average: 0.8104), the exchange rate shifted by +0.0929 (+11.46%).

2021 Avg (May) 0.9033
2020 Avg (May) 0.8104

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Month High Low Average
January 0.9069 0.8902 0.8971
February 0.8980 0.8862 0.8929
March 0.8946 0.8822 0.8879
April 0.9007 0.8833 0.8936
May 0.9086 0.8916 0.9033
June 0.9068 0.8970 0.9018
July 0.8980 0.8917 0.8948
August 0.9001 0.8900 0.8938
September 0.8975 0.8850 0.8937
October 0.8875 0.8828 0.8849
November 0.8858 0.8670 0.8761
December 0.8730 0.8619 0.8681