YEARLY HIGH
0.6987 MOP
YEARLY LOW
0.5244 MOP
YEARLY AVERAGE
0.6138 MOP

2018 ZAR to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.6987. Conversely, the yearly low was recorded on September 5, dropping to 0.5244.

This high-to-low spread represents a total annual volatility of 0.1742 MOP. From a start-to-finish perspective, comparing the January average rate of 0.6607 to the December average rate of 0.5641, the exchange rate registered a net change of -14.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.6987 was up 6.50% compared to the 2017 peak of 0.6560, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 34,933 MOP
2017 Average 30,181 MOP
Yearly Trough Low 26,222 MOP
Transaction Impact: A difference of 8,711.09 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.6952
0.5349
JanuMarcMayJulySeptNove

ZAR 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 0.6577, compared to 0.5699 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0878 points.

H1 Avg (Jan–Jun) 0.6577
H2 Avg (Jul–Dec) 0.5699

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0616 MOP (High: 0.6115 / Low: 0.5499). On the other end, March was the most stable month, with a tight range of 0.0239 MOP (High: 0.6938 / Low: 0.6699).

August Spread (Volatile) ±0.0616
March Spread (Stable) ±0.0239

Growth Streaks & Declines

Trends

Between September and November, 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 May and June, when the average rate fell by 0.0368 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0368

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.6819) against the same month in 2017 (average: 0.6068), the exchange rate shifted by +0.0751 (+12.38%).

2018 Avg (February) 0.6819
2017 Avg (February) 0.6068

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6786 0.6467 0.6607
February 0.6987 0.6625 0.6819
March 0.6938 0.6699 0.6818
April 0.6832 0.6495 0.6680
May 0.6607 0.6326 0.6451
June 0.6442 0.5830 0.6084
July 0.6162 0.5839 0.6039
August 0.6115 0.5499 0.5758
September 0.5712 0.5244 0.5483
October 0.5693 0.5427 0.5551
November 0.5893 0.5575 0.5722
December 0.5896 0.5508 0.5641