2023 ISK to MOP Historical Review

YEARLY HIGH

0.0620 MOP

YEARLY LOW

0.0556 MOP

YEARLY AVERAGE

0.0585 MOP

2023 ISK to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 30, valuing the pair at 0.0620. Conversely, the yearly low was recorded on January 5, dropping to 0.0556.

This high-to-low spread represents a total annual volatility of 0.0064 MOP. From a start-to-finish perspective, comparing the January average rate of 0.0564 to the December average rate of 0.0584, the exchange rate registered a net change of 3.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0620 was down 4.14% compared to the 2022 peak of 0.0647, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 310 MOP

2022 Average 299 MOP

Yearly Trough Low 278 MOP

Transaction Impact: A difference of 32.24 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0616

0.0559

JanuMarcMayJulySeptNove

ISK 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 0.0578, compared to 0.0592 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0578

H2 Avg (Jul–Dec) 0.0592

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0029 MOP (High: 0.0617 / Low: 0.0588). On the other end, October was the most stable month, with a tight range of 0.0010 MOP (High: 0.0587 / Low: 0.0577).

July Spread (Volatile) ±0.0029

October Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0015 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0611) against the same month in 2022 (average: 0.0583), the exchange rate shifted by +0.0028 (+4.79%).

2023 Avg (August) 0.0611

2022 Avg (August) 0.0583

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0572	0.0556	0.0564
February	0.0579	0.0557	0.0565
March	0.0595	0.0567	0.0577
April	0.0599	0.0585	0.0592
May	0.0596	0.0573	0.0583
June	0.0599	0.0572	0.0585
July	0.0617	0.0588	0.0606
August	0.0620	0.0606	0.0611
September	0.0613	0.0585	0.0596
October	0.0587	0.0577	0.0581
November	0.0586	0.0560	0.0574
December	0.0597	0.0575	0.0584