2023 HTG to MOP Historical Review

YEARLY HIGH

0.0611 MOP

YEARLY LOW

0.0517 MOP

YEARLY AVERAGE

0.0571 MOP

2023 HTG to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.0611. Conversely, the yearly low was recorded on April 15, dropping to 0.0517.

This high-to-low spread represents a total annual volatility of 0.0094 MOP. From a start-to-finish perspective, comparing the January average rate of 0.0543 to the December average rate of 0.0609, the exchange rate registered a net change of 12.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0611 was down 24.79% compared to the 2022 peak of 0.0813, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 306 MOP

2022 Average 347 MOP

Yearly Trough Low 259 MOP

Transaction Impact: A difference of 46.87 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0618

0.0512

JanuMarcMayJulySeptNove

HTG 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 0.0544, compared to 0.0598 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.0544

H2 Avg (Jul–Dec) 0.0598

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0055 MOP (High: 0.0576 / Low: 0.0522). On the other end, November was the most stable month, with a tight range of 0.0003 MOP (High: 0.0608 / Low: 0.0604).

May Spread (Volatile) ±0.0055

November Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0013 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0609) against the same month in 2022 (average: 0.0554), the exchange rate shifted by +0.0055 (+9.88%).

2023 Avg (December) 0.0609

2022 Avg (December) 0.0554

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0546	0.0539	0.0543
February	0.0542	0.0534	0.0538
March	0.0536	0.0520	0.0526
April	0.0525	0.0517	0.0521
May	0.0576	0.0522	0.0555
June	0.0583	0.0573	0.0579
July	0.0590	0.0579	0.0584
August	0.0596	0.0585	0.0592
September	0.0599	0.0592	0.0596
October	0.0607	0.0594	0.0601
November	0.0608	0.0604	0.0606
December	0.0611	0.0608	0.0609