YEARLY HIGH
3.1180 HNL
YEARLY LOW
2.9575 HNL
YEARLY AVERAGE
3.0112 HNL

2021 MOP to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MOP to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 3.1180. Conversely, the yearly low was recorded on August 17, dropping to 2.9575.

This high-to-low spread represents a total annual volatility of 0.1605 HNL. From a start-to-finish perspective, comparing the January average rate of 3.0347 to the December average rate of 3.0225, the exchange rate registered a net change of -0.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.1180 was down 1.27% compared to the 2020 peak of 3.1581, 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 15,590 HNL
2020 Average 15,483 HNL
Yearly Trough Low 14,788 HNL
Transaction Impact: A difference of 802.29 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.0421
2.9599
JanuMarcMayJulySeptNove

MOP to HNL 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 3.0214, compared to 3.0010 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0204 points.

H1 Avg (Jan–Jun) 3.0214
H2 Avg (Jul–Dec) 3.0010

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.1006 HNL (High: 3.1180 / Low: 3.0173). On the other end, November was the most stable month, with a tight range of 0.0156 HNL (High: 3.0174 / Low: 3.0018).

January Spread (Volatile) ±0.1006
November Spread (Stable) ±0.0156

Growth Streaks & Declines

Trends

Between August and October, 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 0.0243 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0243

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 3.0347) against the same month in 2020 (average: 3.0956), the exchange rate shifted by -0.0609 (-1.97%).

2021 Avg (January) 3.0347
2020 Avg (January) 3.0956

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.1180 3.0173 3.0347
February 3.0484 3.0152 3.0352
March 3.0466 3.0118 3.0275
April 3.0217 2.9957 3.0103
May 3.0205 3.0003 3.0125
June 3.0171 2.9888 3.0084
July 3.0036 2.9630 2.9841
August 2.9897 2.9575 2.9667
September 3.0213 2.9804 3.0070
October 3.0228 3.0040 3.0152
November 3.0174 3.0018 3.0105
December 3.0399 3.0069 3.0225