YEARLY HIGH
0.0242 MOP
YEARLY LOW
0.0212 MOP
YEARLY AVERAGE
0.0229 MOP

2023 HUF to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 0.0242. Conversely, the yearly low was recorded on January 3, dropping to 0.0212.

This high-to-low spread represents a total annual volatility of 0.0030 MOP. From a start-to-finish perspective, comparing the January average rate of 0.0220 to the December average rate of 0.0230, the exchange rate registered a net change of 4.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0242 was down 6.96% compared to the 2022 peak of 0.0260, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 24,199 MOP
2022 Average 21,829 MOP
Yearly Trough Low 21,206 MOP
Transaction Impact: A difference of 2,993.62 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0238
0.0219
JanuMarcMayJulySeptNove

HUF 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 0.0229, compared to 0.0228 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0229
H2 Avg (Jul–Dec) 0.0228

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0018 MOP (High: 0.0232 / Low: 0.0214). On the other end, June was the most stable month, with a tight range of 0.0006 MOP (High: 0.0240 / Low: 0.0234).

March Spread (Volatile) ±0.0018
June Spread (Stable) ±0.0006

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 July and August, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0235) against the same month in 2022 (average: 0.0205), the exchange rate shifted by +0.0030 (+14.58%).

2023 Avg (July) 0.0235
2022 Avg (July) 0.0205

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0228 0.0212 0.0220
February 0.0230 0.0220 0.0225
March 0.0232 0.0214 0.0225
April 0.0239 0.0229 0.0236
May 0.0240 0.0231 0.0236
June 0.0240 0.0234 0.0236
July 0.0242 0.0227 0.0235
August 0.0233 0.0224 0.0228
September 0.0228 0.0216 0.0223
October 0.0225 0.0217 0.0221
November 0.0234 0.0222 0.0229
December 0.0234 0.0226 0.0230