2023 ETB to MOP Historical Review

YEARLY HIGH

0.1510 MOP

YEARLY LOW

0.1427 MOP

YEARLY AVERAGE

0.1473 MOP

2023 ETB to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.1510. Conversely, the yearly low was recorded on December 19, dropping to 0.1427.

This high-to-low spread represents a total annual volatility of 0.0082 MOP. From a start-to-finish perspective, comparing the January average rate of 0.1502 to the December average rate of 0.1434, the exchange rate registered a net change of -4.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1510 was down 7.63% compared to the 2022 peak of 0.1635, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 755 MOP

2022 Average 777 MOP

Yearly Trough Low 714 MOP

Transaction Impact: A difference of 41.24 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1512

0.1427

JanuMarcMayJulySeptNove

ETB 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 0.1494, compared to 0.1452 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.1494

H2 Avg (Jul–Dec) 0.1452

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0021 MOP (High: 0.1450 / Low: 0.1429). On the other end, March was the most stable month, with a tight range of 0.0005 MOP (High: 0.1504 / Low: 0.1499).

November Spread (Volatile) ±0.0021

March Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0012 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1505) against the same month in 2022 (average: 0.1591), the exchange rate shifted by -0.0086 (-5.38%).

2023 Avg (February) 0.1505

2022 Avg (February) 0.1591

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1508	0.1496	0.1502
February	0.1510	0.1501	0.1505
March	0.1504	0.1499	0.1502
April	0.1499	0.1483	0.1491
May	0.1496	0.1476	0.1484
June	0.1486	0.1470	0.1478
July	0.1478	0.1461	0.1467
August	0.1471	0.1458	0.1463
September	0.1465	0.1456	0.1460
October	0.1456	0.1442	0.1449
November	0.1450	0.1429	0.1441
December	0.1447	0.1427	0.1434