2023 DKK to MOP Historical Review

YEARLY HIGH

1.2137 MOP

YEARLY LOW

1.1326 MOP

YEARLY AVERAGE

1.1701 MOP

2023 DKK to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 1.2137. Conversely, the yearly low was recorded on October 3, dropping to 1.1326.

This high-to-low spread represents a total annual volatility of 0.0812 MOP. From a start-to-finish perspective, comparing the January average rate of 1.1677 to the December average rate of 1.1795, the exchange rate registered a net change of 1.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.2137 was down 1.79% compared to the 2022 peak of 1.2359, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,069 MOP

2022 Average 5,711 MOP

Yearly Trough Low 5,663 MOP

Transaction Impact: A difference of 405.75 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.1988

1.1354

JanuMarcMayJulySeptNove

DKK 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 1.1715, compared to 1.1688 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 1.1715

H2 Avg (Jul–Dec) 1.1688

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0512 MOP (High: 1.1957 / Low: 1.1445). On the other end, August was the most stable month, with a tight range of 0.0191 MOP (High: 1.1889 / Low: 1.1698).

February Spread (Volatile) ±0.0512

August Spread (Stable) ±0.0191

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 0.0253 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0253

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1.1935) against the same month in 2022 (average: 1.1074), the exchange rate shifted by +0.0861 (+7.78%).

2023 Avg (July) 1.1935

2022 Avg (July) 1.1074

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1842	1.1384	1.1677
February	1.1957	1.1445	1.1614
March	1.1837	1.1421	1.1608
April	1.1993	1.1700	1.1881
May	1.2008	1.1583	1.1769
June	1.1900	1.1589	1.1740
July	1.2137	1.1742	1.1935
August	1.1889	1.1698	1.1797
September	1.1692	1.1360	1.1544
October	1.1520	1.1326	1.1407
November	1.1846	1.1422	1.1652
December	1.2016	1.1620	1.1795