2023 BWP to MOP Historical Review

YEARLY HIGH

0.6366 MOP

YEARLY LOW

0.5806 MOP

YEARLY AVERAGE

0.6039 MOP

2023 BWP to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.6366. Conversely, the yearly low was recorded on October 5, dropping to 0.5806.

This high-to-low spread represents a total annual volatility of 0.0559 MOP. From a start-to-finish perspective, comparing the January average rate of 0.6305 to the December average rate of 0.5963, the exchange rate registered a net change of -5.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6366 was down 9.81% compared to the 2022 peak of 0.7058, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,183 MOP

2022 Average 3,269 MOP

Yearly Trough Low 2,903 MOP

Transaction Impact: A difference of 279.70 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6349

0.5821

JanuMarcMayJulySeptNove

BWP 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 0.6123, compared to 0.5955 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0169 points.

H1 Avg (Jan–Jun) 0.6123

H2 Avg (Jul–Dec) 0.5955

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0298 MOP (High: 0.6366 / Low: 0.6068). On the other end, January was the most stable month, with a tight range of 0.0105 MOP (High: 0.6348 / Low: 0.6243).

February Spread (Volatile) ±0.0298

January Spread (Stable) ±0.0105

Growth Streaks & Declines

Trends

Between May and July, 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 April and May, when the average rate fell by 0.0161 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0161

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.6179) against the same month in 2022 (average: 0.6962), the exchange rate shifted by -0.0783 (-11.25%).

2023 Avg (February) 0.6179

2022 Avg (February) 0.6962

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6348	0.6243	0.6305
February	0.6366	0.6068	0.6179
March	0.6211	0.6028	0.6107
April	0.6211	0.6105	0.6154
May	0.6144	0.5850	0.5993
June	0.6093	0.5849	0.6002
July	0.6187	0.5942	0.6076
August	0.6077	0.5911	0.5973
September	0.5984	0.5847	0.5909
October	0.5913	0.5806	0.5865
November	0.6010	0.5900	0.5943
December	0.6034	0.5870	0.5963