YEARLY HIGH
1.1740 MOP
YEARLY LOW
1.1548 MOP
YEARLY AVERAGE
1.1669 MOP

2023 BOB to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 1.1740. Conversely, the yearly low was recorded on April 30, dropping to 1.1548.

This high-to-low spread represents a total annual volatility of 0.0192 MOP. From a start-to-finish perspective, comparing the January average rate of 1.1656 to the December average rate of 1.1642, the exchange rate registered a net change of -0.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.1740 was down 0.32% compared to the 2022 peak of 1.1778, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,870 MOP
2022 Average 5,851 MOP
Yearly Trough Low 5,774 MOP
Transaction Impact: A difference of 96.07 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.1705
1.1631
JanuMarcMayJulySeptNove

BOB 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 1.1684, compared to 1.1655 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 1.1684
H2 Avg (Jul–Dec) 1.1655

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0157 MOP (High: 1.1705 / Low: 1.1548). On the other end, February was the most stable month, with a tight range of 0.0028 MOP (High: 1.1701 / Low: 1.1674).

April Spread (Volatile) ±0.0157
February Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between January and March, 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 October and November, when the average rate fell by 0.0029 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 1.1685) against the same month in 2022 (average: 1.1757), the exchange rate shifted by -0.0072 (-0.62%).

2023 Avg (May) 1.1685
2022 Avg (May) 1.1757

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1683 1.1617 1.1656
February 1.1701 1.1674 1.1696
March 1.1706 1.1665 1.1699
April 1.1705 1.1548 1.1691
May 1.1740 1.1652 1.1685
June 1.1690 1.1649 1.1676
July 1.1681 1.1584 1.1650
August 1.1698 1.1617 1.1664
September 1.1694 1.1654 1.1672
October 1.1694 1.1654 1.1666
November 1.1667 1.1612 1.1637
December 1.1653 1.1603 1.1642