YEARLY HIGH
0.0504 MOP
YEARLY LOW
0.0432 MOP
YEARLY AVERAGE
0.0484 MOP

2014 NGN to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.0504. Conversely, the yearly low was recorded on December 23, dropping to 0.0432.

This high-to-low spread represents a total annual volatility of 0.0071 MOP. From a start-to-finish perspective, comparing the January average rate of 0.0499 to the December average rate of 0.0439, the exchange rate registered a net change of -12.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0504 was down 1.47% compared to the 2013 peak of 0.0511, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 50,350 MOP
2013 Average 50,167 MOP
Yearly Trough Low 43,221 MOP
Transaction Impact: A difference of 7,129.33 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0505
0.0433
JanuMarcMayJulySeptNove

NGN 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: Jan–Jun) was 0.0491, compared to 0.0477 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0491
H2 Avg (Jul–Dec) 0.0477

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0036 MOP (High: 0.0483 / Low: 0.0448). On the other end, March was the most stable month, with a tight range of 0.0004 MOP (High: 0.0487 / Low: 0.0484).

November Spread (Volatile) ±0.0036
March Spread (Stable) ±0.0004

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 November and December, when the average rate fell by 0.0026 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.0499) against the same month in 2013 (average: 0.0509), the exchange rate shifted by -0.0010 (-1.90%).

2014 Avg (January) 0.0499
2013 Avg (January) 0.0509

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0504 0.0492 0.0499
February 0.0492 0.0482 0.0488
March 0.0487 0.0484 0.0485
April 0.0497 0.0485 0.0493
May 0.0502 0.0490 0.0494
June 0.0492 0.0488 0.0490
July 0.0494 0.0490 0.0492
August 0.0496 0.0491 0.0493
September 0.0492 0.0488 0.0490
October 0.0489 0.0482 0.0485
November 0.0483 0.0448 0.0465
December 0.0445 0.0432 0.0439