YEARLY HIGH
0.0103 MOP
YEARLY LOW
0.0085 MOP
YEARLY AVERAGE
0.0096 MOP

2023 CLP to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.0103. Conversely, the yearly low was recorded on October 16, dropping to 0.0085.

This high-to-low spread represents a total annual volatility of 0.0018 MOP. From a start-to-finish perspective, comparing the January average rate of 0.0098 to the December average rate of 0.0092, the exchange rate registered a net change of -6.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0103 was down 0.52% compared to the 2022 peak of 0.0104, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 10,340 MOP
2022 Average 9,264 MOP
Yearly Trough Low 8,507 MOP
Transaction Impact: A difference of 1,833.04 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0103
0.0085
JanuMarcMayJulySeptNove

CLP 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 0.0100, compared to 0.0092 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0100
H2 Avg (Jul–Dec) 0.0092

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0008 MOP (High: 0.0102 / Low: 0.0093). On the other end, June was the most stable month, with a tight range of 0.0003 MOP (High: 0.0103 / Low: 0.0099).

January Spread (Volatile) ±0.0008
June Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between March and May, 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 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0101) against the same month in 2022 (average: 0.0099), the exchange rate shifted by +0.0002 (+1.60%).

2023 Avg (February) 0.0101
2022 Avg (February) 0.0099

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0102 0.0093 0.0098
February 0.0103 0.0097 0.0101
March 0.0103 0.0097 0.0100
April 0.0102 0.0098 0.0100
May 0.0103 0.0099 0.0101
June 0.0103 0.0099 0.0101
July 0.0101 0.0096 0.0099
August 0.0096 0.0092 0.0094
September 0.0095 0.0089 0.0091
October 0.0091 0.0085 0.0087
November 0.0092 0.0087 0.0091
December 0.0093 0.0090 0.0092