2023 AOA to MOP Historical Review

YEARLY HIGH

0.0162 MOP

YEARLY LOW

0.0096 MOP

YEARLY AVERAGE

0.0124 MOP

2023 AOA to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AOA to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0162. Conversely, the yearly low was recorded on November 5, dropping to 0.0096.

This high-to-low spread represents a total annual volatility of 0.0066 MOP. From a start-to-finish perspective, comparing the January average rate of 0.0160 to the December average rate of 0.0097, the exchange rate registered a net change of -39.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0162 was down 19.47% compared to the 2022 peak of 0.0201, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 81 MOP

2022 Average 88 MOP

Yearly Trough Low 48 MOP

Transaction Impact: A difference of 32.83 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0166

0.0090

JanuMarcMayJulySeptNove

AOA 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 0.0151, compared to 0.0097 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.0151

H2 Avg (Jul–Dec) 0.0097

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0039 MOP (High: 0.0137 / Low: 0.0098). On the other end, October was the most stable month, with a tight range of 0.0001 MOP (High: 0.0098 / Low: 0.0097).

June Spread (Volatile) ±0.0039

October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0036 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0160) against the same month in 2022 (average: 0.0156), the exchange rate shifted by +0.0004 (+2.49%).

2023 Avg (February) 0.0160

2022 Avg (February) 0.0156

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0160	0.0159	0.0160
February	0.0162	0.0159	0.0160
March	0.0161	0.0158	0.0160
April	0.0160	0.0157	0.0159
May	0.0159	0.0138	0.0152
June	0.0137	0.0098	0.0116
July	0.0098	0.0097	0.0097
August	0.0098	0.0097	0.0098
September	0.0098	0.0097	0.0097
October	0.0098	0.0097	0.0097
November	0.0097	0.0096	0.0097
December	0.0097	0.0097	0.0097