YEARLY HIGH
0.3381 MOP
YEARLY LOW
0.3207 MOP
YEARLY AVERAGE
0.3321 MOP

2021 HNL to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HNL to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 17, valuing the pair at 0.3381. Conversely, the yearly low was recorded on January 6, dropping to 0.3207.

This high-to-low spread represents a total annual volatility of 0.0174 MOP. From a start-to-finish perspective, comparing the January average rate of 0.3295 to the December average rate of 0.3309, the exchange rate registered a net change of 0.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3381 was up 2.23% compared to the 2020 peak of 0.3308, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,691 MOP
2020 Average 1,615 MOP
Yearly Trough Low 1,604 MOP
Transaction Impact: A difference of 87.00 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.3378
0.3287
JanuMarcMayJulySeptNove

HNL 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 0.3310, compared to 0.3332 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.3310
H2 Avg (Jul–Dec) 0.3332

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0107 MOP (High: 0.3314 / Low: 0.3207). On the other end, November was the most stable month, with a tight range of 0.0017 MOP (High: 0.3331 / Low: 0.3314).

January Spread (Volatile) ±0.0107
November Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0045 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2021: 0.3371) against the same month in 2020 (average: 0.3229), the exchange rate shifted by +0.0141 (+4.38%).

2021 Avg (August) 0.3371
2020 Avg (August) 0.3229

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3314 0.3207 0.3295
February 0.3317 0.3280 0.3295
March 0.3320 0.3282 0.3303
April 0.3338 0.3309 0.3322
May 0.3333 0.3311 0.3320
June 0.3346 0.3314 0.3324
July 0.3375 0.3329 0.3351
August 0.3381 0.3345 0.3371
September 0.3355 0.3310 0.3326
October 0.3329 0.3308 0.3317
November 0.3331 0.3314 0.3322
December 0.3326 0.3290 0.3309