YEARLY HIGH
0.0222 MOP
YEARLY LOW
0.0202 MOP
YEARLY AVERAGE
0.0210 MOP

2020 NGN to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0222. Conversely, the yearly low was recorded on December 26, dropping to 0.0202.

This high-to-low spread represents a total annual volatility of 0.0020 MOP. From a start-to-finish perspective, comparing the January average rate of 0.0221 to the December average rate of 0.0208, the exchange rate registered a net change of -5.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0222 was down 15.95% compared to the 2019 peak of 0.0264, 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 22,197 MOP
2019 Average 22,426 MOP
Yearly Trough Low 20,230 MOP
Transaction Impact: A difference of 1,966.70 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0223
0.0204
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 0.0213, compared to 0.0208 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0213
H2 Avg (Jul–Dec) 0.0208

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0015 MOP (High: 0.0220 / Low: 0.0204). On the other end, June was the most stable month, with a tight range of 0.0001 MOP (High: 0.0207 / Low: 0.0206).

March Spread (Volatile) ±0.0015
June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0008 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0221) against the same month in 2019 (average: 0.0222), the exchange rate shifted by -0.0001 (-0.55%).

2020 Avg (January) 0.0221
2019 Avg (January) 0.0222

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0222 0.0220 0.0221
February 0.0221 0.0219 0.0220
March 0.0220 0.0204 0.0216
April 0.0218 0.0205 0.0207
May 0.0207 0.0204 0.0205
June 0.0207 0.0206 0.0206
July 0.0206 0.0205 0.0206
August 0.0211 0.0206 0.0207
September 0.0210 0.0206 0.0208
October 0.0210 0.0207 0.0209
November 0.0210 0.0208 0.0209
December 0.0210 0.0202 0.0208