YEARLY HIGH
0.0996 MOP
YEARLY LOW
0.0960 MOP
YEARLY AVERAGE
0.0976 MOP

2023 INR to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the INR to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.0996. Conversely, the yearly low was recorded on November 19, dropping to 0.0960.

This high-to-low spread represents a total annual volatility of 0.0036 MOP. From a start-to-finish perspective, comparing the January average rate of 0.0986 to the December average rate of 0.0967, the exchange rate registered a net change of -1.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0996 was down 8.42% compared to the 2022 peak of 0.1088, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 24,905 MOP
2022 Average 25,683 MOP
Yearly Trough Low 23,993 MOP
Transaction Impact: A difference of 911.51 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0988
0.0962
JanuMarcMayJulySeptNove

INR 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 0.0982, compared to 0.0970 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0982
H2 Avg (Jul–Dec) 0.0970

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0026 MOP (High: 0.0996 / Low: 0.0970). On the other end, June was the most stable month, with a tight range of 0.0008 MOP (High: 0.0985 / Low: 0.0977).

January Spread (Volatile) ±0.0026
June Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between February and April, 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 January and February, when the average rate fell by 0.0007 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0986) against the same month in 2022 (average: 0.1078), the exchange rate shifted by -0.0092 (-8.56%).

2023 Avg (January) 0.0986
2022 Avg (January) 0.1078

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0996 0.0970 0.0986
February 0.0990 0.0971 0.0978
March 0.0990 0.0966 0.0982
April 0.0990 0.0976 0.0986
May 0.0992 0.0969 0.0980
June 0.0985 0.0977 0.0982
July 0.0984 0.0968 0.0979
August 0.0979 0.0966 0.0973
September 0.0977 0.0966 0.0971
October 0.0974 0.0964 0.0968
November 0.0969 0.0960 0.0965
December 0.0976 0.0965 0.0967