2023 GMD to MOP Historical Review

YEARLY HIGH

0.1361 MOP

YEARLY LOW

0.1189 MOP

YEARLY AVERAGE

0.1296 MOP

2023 GMD to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 13, valuing the pair at 0.1361. Conversely, the yearly low was recorded on November 19, dropping to 0.1189.

This high-to-low spread represents a total annual volatility of 0.0173 MOP. From a start-to-finish perspective, comparing the January average rate of 0.1299 to the December average rate of 0.1196, the exchange rate registered a net change of -7.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1361 was down 10.76% compared to the 2022 peak of 0.1525, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 681 MOP

2022 Average 730 MOP

Yearly Trough Low 594 MOP

Transaction Impact: A difference of 86.28 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1372

0.1180

JanuMarcMayJulySeptNove

GMD 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 0.1325, compared to 0.1268 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0057 points.

H1 Avg (Jan–Jun) 0.1325

H2 Avg (Jul–Dec) 0.1268

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0100 MOP (High: 0.1338 / Low: 0.1238). On the other end, May was the most stable month, with a tight range of 0.0014 MOP (High: 0.1357 / Low: 0.1343).

September Spread (Volatile) ±0.0100

May Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between April and June, 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 September and October, when the average rate fell by 0.0078 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.1356) against the same month in 2022 (average: 0.1495), the exchange rate shifted by -0.0139 (-9.31%).

2023 Avg (June) 0.1356

2022 Avg (June) 0.1495

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1319	0.1290	0.1299
February	0.1334	0.1311	0.1323
March	0.1325	0.1296	0.1315
April	0.1349	0.1291	0.1306
May	0.1357	0.1343	0.1350
June	0.1361	0.1347	0.1356
July	0.1356	0.1340	0.1348
August	0.1338	0.1322	0.1330
September	0.1338	0.1238	0.1305
October	0.1256	0.1221	0.1228
November	0.1238	0.1189	0.1201
December	0.1207	0.1192	0.1196