YEARLY HIGH
0.9355 MOP
YEARLY LOW
0.6760 MOP
YEARLY AVERAGE
0.8512 MOP

2020 NOK to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.9355. Conversely, the yearly low was recorded on March 21, dropping to 0.6760.

This high-to-low spread represents a total annual volatility of 0.2596 MOP. From a start-to-finish perspective, comparing the January average rate of 0.8954 to the December average rate of 0.9176, the exchange rate registered a net change of 2.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.9355 was down 2.74% compared to the 2019 peak of 0.9619, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,678 MOP
2019 Average 4,588 MOP
Yearly Trough Low 3,380 MOP
Transaction Impact: A difference of 1,297.86 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.9327
0.7509
JanuMarcMayJulySeptNove

NOK 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 0.8223, compared to 0.8800 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0577 points.

H1 Avg (Jan–Jun) 0.8223
H2 Avg (Jul–Dec) 0.8800

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1896 MOP (High: 0.8656 / Low: 0.6760). On the other end, February was the most stable month, with a tight range of 0.0157 MOP (High: 0.8690 / Low: 0.8533).

March Spread (Volatile) ±0.1896
February Spread (Stable) ±0.0157

Growth Streaks & Declines

Trends

Between April and August, 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 February and March, when the average rate fell by 0.0796 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0796

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.9176) against the same month in 2019 (average: 0.8914), the exchange rate shifted by +0.0262 (+2.94%).

2020 Avg (December) 0.9176
2019 Avg (December) 0.8914

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9187 0.8690 0.8954
February 0.8690 0.8533 0.8621
March 0.8656 0.6760 0.7824
April 0.7826 0.7399 0.7661
May 0.8215 0.7599 0.7913
June 0.8635 0.8207 0.8367
July 0.8845 0.8379 0.8587
August 0.9137 0.8736 0.8925
September 0.9118 0.8345 0.8728
October 0.8738 0.8377 0.8589
November 0.9048 0.8340 0.8798
December 0.9355 0.9031 0.9176