2023 CVE to MOP Historical Review

YEARLY HIGH

0.0821 MOP

YEARLY LOW

0.0764 MOP

YEARLY AVERAGE

0.0790 MOP

2023 CVE to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 0.0821. Conversely, the yearly low was recorded on October 6, dropping to 0.0764.

This high-to-low spread represents a total annual volatility of 0.0057 MOP. From a start-to-finish perspective, comparing the January average rate of 0.0786 to the December average rate of 0.0796, the exchange rate registered a net change of 1.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0821 was down 1.26% compared to the 2022 peak of 0.0832, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 411 MOP

2022 Average 384 MOP

Yearly Trough Low 382 MOP

Transaction Impact: A difference of 28.67 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0809

0.0768

JanuMarcMayJulySeptNove

CVE 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 0.0790, compared to 0.0789 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0790

H2 Avg (Jul–Dec) 0.0789

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0033 MOP (High: 0.0810 / Low: 0.0778). On the other end, October was the most stable month, with a tight range of 0.0013 MOP (High: 0.0777 / Low: 0.0764).

December Spread (Volatile) ±0.0033

October Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.0016 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0806) against the same month in 2022 (average: 0.0752), the exchange rate shifted by +0.0054 (+7.19%).

2023 Avg (July) 0.0806

2022 Avg (July) 0.0752

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0796	0.0767	0.0786
February	0.0801	0.0774	0.0784
March	0.0798	0.0773	0.0783
April	0.0811	0.0795	0.0802
May	0.0808	0.0781	0.0794
June	0.0800	0.0770	0.0791
July	0.0821	0.0793	0.0806
August	0.0805	0.0792	0.0797
September	0.0795	0.0770	0.0781
October	0.0777	0.0764	0.0771
November	0.0799	0.0768	0.0786
December	0.0810	0.0778	0.0796