2023 JMD to MOP Historical Review

YEARLY HIGH

0.0538 MOP

YEARLY LOW

0.0514 MOP

YEARLY AVERAGE

0.0523 MOP

2023 JMD to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.0538. Conversely, the yearly low was recorded on November 8, dropping to 0.0514.

This high-to-low spread represents a total annual volatility of 0.0023 MOP. From a start-to-finish perspective, comparing the January average rate of 0.0527 to the December average rate of 0.0519, the exchange rate registered a net change of -1.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0538 was down 0.28% compared to the 2022 peak of 0.0539, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 269 MOP

2022 Average 263 MOP

Yearly Trough Low 257 MOP

Transaction Impact: A difference of 11.58 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0533

0.0516

JanuMarcMayJulySeptNove

JMD 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 0.0527, compared to 0.0520 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0527

H2 Avg (Jul–Dec) 0.0520

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0011 MOP (High: 0.0536 / Low: 0.0525). On the other end, September was the most stable month, with a tight range of 0.0004 MOP (High: 0.0524 / Low: 0.0520).

March Spread (Volatile) ±0.0011

September Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0007 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0531) against the same month in 2022 (average: 0.0523), the exchange rate shifted by +0.0008 (+1.48%).

2023 Avg (April) 0.0531

2022 Avg (April) 0.0523

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0533	0.0523	0.0527
February	0.0527	0.0523	0.0524
March	0.0536	0.0525	0.0531
April	0.0538	0.0527	0.0531
May	0.0529	0.0521	0.0524
June	0.0526	0.0520	0.0522
July	0.0525	0.0519	0.0521
August	0.0524	0.0517	0.0521
September	0.0524	0.0520	0.0522
October	0.0522	0.0518	0.0520
November	0.0522	0.0514	0.0517
December	0.0521	0.0517	0.0519