2023 CNY to MOP Historical Review

YEARLY HIGH

1.2038 MOP

YEARLY LOW

1.0992 MOP

YEARLY AVERAGE

1.1405 MOP

2023 CNY to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 1.2038. Conversely, the yearly low was recorded on October 21, dropping to 1.0992.

This high-to-low spread represents a total annual volatility of 0.1046 MOP. From a start-to-finish perspective, comparing the January average rate of 1.1860 to the December average rate of 1.1314, the exchange rate registered a net change of -4.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.2038 was down 6.00% compared to the 2022 peak of 1.2807, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 30,096 MOP

2022 Average 30,019 MOP

Yearly Trough Low 27,481 MOP

Transaction Impact: A difference of 2,615.05 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.1940

1.0976

JanuMarcMayJulySeptNove

CNY 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 1.1656, compared to 1.1153 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0504 points.

H1 Avg (Jan–Jun) 1.1656

H2 Avg (Jul–Dec) 1.1153

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0424 MOP (High: 1.2038 / Low: 1.1615). On the other end, September was the most stable month, with a tight range of 0.0141 MOP (High: 1.1136 / Low: 1.0995).

February Spread (Volatile) ±0.0424

September Spread (Stable) ±0.0141

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0274 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0274

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1.1812) against the same month in 2022 (average: 1.2664), the exchange rate shifted by -0.0853 (-6.73%).

2023 Avg (February) 1.1812

2022 Avg (February) 1.2664

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2004	1.1638	1.1860
February	1.2038	1.1615	1.1812
March	1.1843	1.1576	1.1712
April	1.1776	1.1544	1.1729
May	1.1735	1.1342	1.1550
June	1.1438	1.1124	1.1276
July	1.1313	1.1058	1.1191
August	1.1247	1.1048	1.1133
September	1.1136	1.0995	1.1057
October	1.1269	1.0992	1.1073
November	1.1354	1.0995	1.1149
December	1.1416	1.1208	1.1314