YEARLY HIGH
0.6115 MOP
YEARLY LOW
0.5174 MOP
YEARLY AVERAGE
0.5591 MOP

2019 ZAR to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.6115. Conversely, the yearly low was recorded on August 25, dropping to 0.5174.

This high-to-low spread represents a total annual volatility of 0.0941 MOP. From a start-to-finish perspective, comparing the January average rate of 0.5840 to the December average rate of 0.5585, the exchange rate registered a net change of -4.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.6115 was down 12.48% compared to the 2018 peak of 0.6987, 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 30,573 MOP
2018 Average 30,668 MOP
Yearly Trough Low 25,869 MOP
Transaction Impact: A difference of 4,703.42 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.5911
0.5264
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 0.5695, compared to 0.5488 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0208 points.

H1 Avg (Jan–Jun) 0.5695
H2 Avg (Jul–Dec) 0.5488

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0582 MOP (High: 0.6115 / Low: 0.5532). On the other end, November was the most stable month, with a tight range of 0.0129 MOP (High: 0.5500 / Low: 0.5371).

January Spread (Volatile) ±0.0582
November Spread (Stable) ±0.0129

Growth Streaks & Declines

Trends

Between October and December, 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 0.0404 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0404

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.5840) against the same month in 2018 (average: 0.6607), the exchange rate shifted by -0.0767 (-11.61%).

2019 Avg (January) 0.5840
2018 Avg (January) 0.6607

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6115 0.5532 0.5840
February 0.6068 0.5722 0.5857
March 0.5706 0.5533 0.5616
April 0.5805 0.5589 0.5714
May 0.5707 0.5464 0.5609
June 0.5718 0.5377 0.5536
July 0.5801 0.5620 0.5722
August 0.5514 0.5174 0.5318
September 0.5530 0.5301 0.5427
October 0.5541 0.5249 0.5424
November 0.5500 0.5371 0.5449
December 0.5722 0.5452 0.5585