YEARLY HIGH
2.2205 MOP
YEARLY LOW
2.1706 MOP
YEARLY AVERAGE
2.1948 MOP

2023 AED to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 2.2205. Conversely, the yearly low was recorded on March 18, dropping to 2.1706.

This high-to-low spread represents a total annual volatility of 0.0499 MOP. From a start-to-finish perspective, comparing the January average rate of 2.1929 to the December average rate of 2.1929, the exchange rate registered a net change of 0.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.2205 was up 0.02% compared to the 2022 peak of 2.2201, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,103 MOP
2022 Average 10,979 MOP
Yearly Trough Low 10,853 MOP
Transaction Impact: A difference of 249.51 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.2021
2.1854
JanuMarcMayJulySeptNove

AED 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 2.1975, compared to 2.1920 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 2.1975
H2 Avg (Jul–Dec) 2.1920

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0332 MOP (High: 2.2205 / Low: 2.1874). On the other end, October was the most stable month, with a tight range of 0.0143 MOP (High: 2.2009 / Low: 2.1866).

February Spread (Volatile) ±0.0332
October Spread (Stable) ±0.0143

Growth Streaks & Declines

Trends

Between July and September, 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 0.0065 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 2.2007) against the same month in 2022 (average: 2.1868), the exchange rate shifted by +0.0139 (+0.63%).

2023 Avg (February) 2.2007
2022 Avg (February) 2.1868

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1981 2.1832 2.1929
February 2.2205 2.1874 2.2007
March 2.2036 2.1706 2.1981
April 2.2051 2.1730 2.1995
May 2.2085 2.1867 2.1978
June 2.2063 2.1822 2.1962
July 2.1990 2.1746 2.1897
August 2.2021 2.1745 2.1943
September 2.2022 2.1853 2.1953
October 2.2009 2.1866 2.1931
November 2.1943 2.1764 2.1868
December 2.2033 2.1856 2.1929