YEARLY HIGH
32.2052 CVE
YEARLY LOW
11.2786 CVE
YEARLY AVERAGE
12.2122 CVE

2020 MOP to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MOP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 32.2052. Conversely, the yearly low was recorded on December 30, dropping to 11.2786.

This high-to-low spread represents a total annual volatility of 20.9266 CVE. From a start-to-finish perspective, comparing the January average rate of 12.4471 to the December average rate of 11.3857, the exchange rate registered a net change of -8.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 32.2052 was up 156.47% compared to the 2019 peak of 12.5572, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 161,026 CVE
2019 Average 61,220 CVE
Yearly Trough Low 56,393 CVE
Transaction Impact: A difference of 104,632.76 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

13.3562
11.2066
JanuMarcMayJulySeptNove

MOP to CVE 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 12.6797, compared to 11.7448 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9349 points.

H1 Avg (Jan–Jun) 12.6797
H2 Avg (Jul–Dec) 11.7448

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 20.0634 CVE (High: 32.2052 / Low: 12.1418). On the other end, October was the most stable month, with a tight range of 0.1806 CVE (High: 11.8574 / Low: 11.6768).

March Spread (Volatile) ±20.0634
October Spread (Stable) ±0.1806

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 July and August, when the average rate fell by 0.4383 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4383

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 13.1771) against the same month in 2019 (average: 12.1021), the exchange rate shifted by +1.0750 (+8.88%).

2020 Avg (March) 13.1771
2019 Avg (March) 12.1021

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.5678 12.2373 12.4471
February 12.8101 12.5215 12.6674
March 32.2052 12.1418 13.1771
April 12.8565 12.6683 12.7606
May 12.8562 12.4637 12.6998
June 12.4620 12.2069 12.3260
July 12.5665 11.7522 12.1319
August 11.8244 11.5986 11.6936
September 11.9299 11.6081 11.7567
October 11.8574 11.6768 11.7872
November 11.9038 11.5520 11.7133
December 11.5130 11.2786 11.3857