2023 JOD to MOP Historical Review

YEARLY HIGH

11.4971 MOP

YEARLY LOW

11.2305 MOP

YEARLY AVERAGE

11.3658 MOP

2023 JOD to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 11.4971. Conversely, the yearly low was recorded on March 19, dropping to 11.2305.

This high-to-low spread represents a total annual volatility of 0.2666 MOP. From a start-to-finish perspective, comparing the January average rate of 11.3533 to the December average rate of 11.3519, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.4971 was down 0.04% compared to the 2022 peak of 11.5016, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 57,486 MOP

2022 Average 56,874 MOP

Yearly Trough Low 56,153 MOP

Transaction Impact: A difference of 1,333.11 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.4001

11.3161

JanuMarcMayJulySeptNove

JOD 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 11.3763, compared to 11.3553 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0210 points.

H1 Avg (Jan–Jun) 11.3763

H2 Avg (Jul–Dec) 11.3553

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.1813 MOP (High: 11.4971 / Low: 11.3158). On the other end, October was the most stable month, with a tight range of 0.0741 MOP (High: 11.3922 / Low: 11.3181).

February Spread (Volatile) ±0.1813

October Spread (Stable) ±0.0741

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 October and November, when the average rate fell by 0.0312 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0312

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 11.3931) against the same month in 2022 (average: 11.3288), the exchange rate shifted by +0.0643 (+0.57%).

2023 Avg (February) 11.3931

2022 Avg (February) 11.3288

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.3827	11.3054	11.3533
February	11.4971	11.3158	11.3931
March	11.4074	11.2305	11.3783
April	11.4157	11.2480	11.3864
May	11.4303	11.3179	11.3760
June	11.4247	11.2968	11.3708
July	11.3855	11.2591	11.3405
August	11.4227	11.2794	11.3835
September	11.4234	11.3178	11.3785
October	11.3922	11.3181	11.3543
November	11.3625	11.2699	11.3231
December	11.4039	11.3167	11.3519