YEARLY HIGH
0.0405 MOP
YEARLY LOW
0.0229 MOP
YEARLY AVERAGE
0.0326 MOP

2016 NGN to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 0.0405. Conversely, the yearly low was recorded on August 22, dropping to 0.0229.

This high-to-low spread represents a total annual volatility of 0.0175 MOP. From a start-to-finish perspective, comparing the January average rate of 0.0403 to the December average rate of 0.0254, the exchange rate registered a net change of -36.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0405 was down 8.82% compared to the 2015 peak of 0.0444, 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 40,474 MOP
2015 Average 40,368 MOP
Yearly Trough Low 22,937 MOP
Transaction Impact: A difference of 17,537.70 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0418
0.0233
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 0.0396, compared to 0.0257 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0139 points.

H1 Avg (Jan–Jun) 0.0396
H2 Avg (Jul–Dec) 0.0257

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0120 MOP (High: 0.0403 / Low: 0.0283). On the other end, May was the most stable month, with a tight range of 0.0001 MOP (High: 0.0402 / Low: 0.0401).

June Spread (Volatile) ±0.0120
May Spread (Stable) ±0.0001

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 June and July, when the average rate fell by 0.0092 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0092

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0403) against the same month in 2015 (average: 0.0430), the exchange rate shifted by -0.0027 (-6.35%).

2016 Avg (January) 0.0403
2015 Avg (January) 0.0430

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0405 0.0401 0.0403
February 0.0404 0.0402 0.0403
March 0.0403 0.0401 0.0402
April 0.0402 0.0401 0.0401
May 0.0402 0.0401 0.0402
June 0.0403 0.0283 0.0366
July 0.0283 0.0250 0.0274
August 0.0256 0.0229 0.0248
September 0.0257 0.0254 0.0255
October 0.0259 0.0253 0.0255
November 0.0257 0.0253 0.0255
December 0.0262 0.0252 0.0254