YEARLY HIGH
0.0264 MOP
YEARLY LOW
0.0219 MOP
YEARLY AVERAGE
0.0224 MOP

2019 NGN to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.0264. Conversely, the yearly low was recorded on August 25, dropping to 0.0219.

This high-to-low spread represents a total annual volatility of 0.0045 MOP. From a start-to-finish perspective, comparing the January average rate of 0.0222 to the December average rate of 0.0222, the exchange rate registered a net change of -0.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0264 was up 17.35% compared to the 2018 peak of 0.0225, 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 26,409 MOP
2018 Average 22,342 MOP
Yearly Trough Low 21,931 MOP
Transaction Impact: A difference of 4,477.26 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0234
0.0220
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 0.0225, compared to 0.0223 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0225
H2 Avg (Jul–Dec) 0.0223

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0044 MOP (High: 0.0264 / Low: 0.0219). On the other end, November was the most stable month, with a tight range of 0.0001 MOP (High: 0.0223 / Low: 0.0222).

August Spread (Volatile) ±0.0044
November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and March, 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 0.0010 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 0.0233) against the same month in 2018 (average: 0.0224), the exchange rate shifted by +0.0009 (+3.83%).

2019 Avg (June) 0.0233
2018 Avg (June) 0.0224

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0223 0.0221 0.0222
February 0.0224 0.0223 0.0224
March 0.0225 0.0223 0.0224
April 0.0225 0.0223 0.0224
May 0.0225 0.0223 0.0224
June 0.0264 0.0223 0.0233
July 0.0224 0.0222 0.0223
August 0.0264 0.0219 0.0225
September 0.0225 0.0222 0.0223
October 0.0224 0.0223 0.0223
November 0.0223 0.0222 0.0223
December 0.0223 0.0221 0.0222