2023 IQD to MOP Historical Review

YEARLY HIGH

0.0062 MOP

YEARLY LOW

0.0055 MOP

YEARLY AVERAGE

0.0059 MOP

2023 IQD to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 8, valuing the pair at 0.0062. Conversely, the yearly low was recorded on April 30, dropping to 0.0055.

This high-to-low spread represents a total annual volatility of 0.0007 MOP. From a start-to-finish perspective, comparing the January average rate of 0.0055 to the December average rate of 0.0061, the exchange rate registered a net change of 11.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0062 was up 10.75% compared to the 2022 peak of 0.0056, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 31 MOP

2022 Average 28 MOP

Yearly Trough Low 27 MOP

Transaction Impact: A difference of 3.71 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0062

0.0055

JanuMarcMayJulySeptNove

IQD 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 0.0057, compared to 0.0061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0057

H2 Avg (Jul–Dec) 0.0061

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0007 MOP (High: 0.0061 / Low: 0.0055). On the other end, September was the most stable month, with a tight range of 0.0000 MOP (High: 0.0062 / Low: 0.0061).

April Spread (Volatile) ±0.0007

September Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0000 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0061) against the same month in 2022 (average: 0.0055), the exchange rate shifted by +0.0006 (+10.90%).

2023 Avg (July) 0.0061

2022 Avg (July) 0.0055

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0055	0.0055	0.0055
February	0.0056	0.0055	0.0055
March	0.0056	0.0055	0.0055
April	0.0061	0.0055	0.0056
May	0.0062	0.0055	0.0061
June	0.0062	0.0061	0.0062
July	0.0062	0.0061	0.0061
August	0.0062	0.0061	0.0062
September	0.0062	0.0061	0.0062
October	0.0062	0.0061	0.0062
November	0.0062	0.0061	0.0061
December	0.0062	0.0061	0.0061