2023 KES to MOP Historical Review

YEARLY HIGH

0.0652 MOP

YEARLY LOW

0.0513 MOP

YEARLY AVERAGE

0.0579 MOP

2023 KES to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KES to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.0652. Conversely, the yearly low was recorded on December 29, dropping to 0.0513.

This high-to-low spread represents a total annual volatility of 0.0139 MOP. From a start-to-finish perspective, comparing the January average rate of 0.0650 to the December average rate of 0.0521, the exchange rate registered a net change of -19.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0652 was down 8.20% compared to the 2022 peak of 0.0710, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 326 MOP

2022 Average 342 MOP

Yearly Trough Low 256 MOP

Transaction Impact: A difference of 69.67 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0663

0.0509

JanuMarcMayJulySeptNove

KES 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 0.0614, compared to 0.0545 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0069 points.

H1 Avg (Jan–Jun) 0.0614

H2 Avg (Jul–Dec) 0.0545

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0025 MOP (High: 0.0635 / Low: 0.0610). On the other end, January was the most stable month, with a tight range of 0.0004 MOP (High: 0.0652 / Low: 0.0648).

March Spread (Volatile) ±0.0025

January 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 March and April, when the average rate fell by 0.0022 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0650) against the same month in 2022 (average: 0.0708), the exchange rate shifted by -0.0058 (-8.18%).

2023 Avg (January) 0.0650

2022 Avg (January) 0.0708

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0652	0.0648	0.0650
February	0.0649	0.0636	0.0643
March	0.0635	0.0610	0.0623
April	0.0610	0.0587	0.0601
May	0.0597	0.0582	0.0588
June	0.0587	0.0571	0.0578
July	0.0580	0.0562	0.0569
August	0.0566	0.0556	0.0561
September	0.0557	0.0544	0.0549
October	0.0546	0.0535	0.0540
November	0.0535	0.0523	0.0529
December	0.0528	0.0513	0.0521