2023 JPY to MOP Historical Review

YEARLY HIGH

0.0629 MOP

YEARLY LOW

0.0529 MOP

YEARLY AVERAGE

0.0575 MOP

2023 JPY to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.0629. Conversely, the yearly low was recorded on November 11, dropping to 0.0529.

This high-to-low spread represents a total annual volatility of 0.0100 MOP. From a start-to-finish perspective, comparing the January average rate of 0.0619 to the December average rate of 0.0561, the exchange rate registered a net change of -9.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0629 was down 10.85% compared to the 2022 peak of 0.0706, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 31,458 MOP

2022 Average 30,877 MOP

Yearly Trough Low 26,446 MOP

Transaction Impact: A difference of 5,011.98 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0627

0.0528

JanuMarcMayJulySeptNove

JPY 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 0.0599, compared to 0.0551 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 0.0599

H2 Avg (Jul–Dec) 0.0551

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0036 MOP (High: 0.0628 / Low: 0.0592). On the other end, October was the most stable month, with a tight range of 0.0011 MOP (High: 0.0544 / Low: 0.0532).

February Spread (Volatile) ±0.0036

October Spread (Stable) ±0.0011

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 May and June, when the average rate fell by 0.0017 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0619) against the same month in 2022 (average: 0.0699), the exchange rate shifted by -0.0080 (-11.44%).

2023 Avg (January) 0.0619

2022 Avg (January) 0.0699

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0629	0.0604	0.0619
February	0.0628	0.0592	0.0607
March	0.0619	0.0588	0.0604
April	0.0618	0.0585	0.0605
May	0.0602	0.0574	0.0588
June	0.0581	0.0557	0.0571
July	0.0584	0.0555	0.0570
August	0.0568	0.0551	0.0557
September	0.0553	0.0539	0.0546
October	0.0544	0.0532	0.0539
November	0.0546	0.0529	0.0536
December	0.0572	0.0547	0.0561