YEARLY HIGH
0.0958 MOP
YEARLY LOW
0.0895 MOP
YEARLY AVERAGE
0.0918 MOP

2023 KGS to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KGS to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.0958. Conversely, the yearly low was recorded on November 5, dropping to 0.0895.

This high-to-low spread represents a total annual volatility of 0.0063 MOP. From a start-to-finish perspective, comparing the January average rate of 0.0941 to the December average rate of 0.0904, the exchange rate registered a net change of -4.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0958 was down 6.45% compared to the 2022 peak of 0.1024, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 479 MOP
2022 Average 480 MOP
Yearly Trough Low 448 MOP
Transaction Impact: A difference of 31.49 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0945
0.0897
JanuMarcMayJulySeptNove

KGS 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 0.0927, compared to 0.0908 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0927
H2 Avg (Jul–Dec) 0.0908

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0027 MOP (High: 0.0946 / Low: 0.0919). On the other end, June was the most stable month, with a tight range of 0.0008 MOP (High: 0.0926 / Low: 0.0918).

February Spread (Volatile) ±0.0027
June Spread (Stable) ±0.0008

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 January and February, when the average rate fell by 0.0012 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0941) against the same month in 2022 (average: 0.0946), the exchange rate shifted by -0.0005 (-0.56%).

2023 Avg (January) 0.0941
2022 Avg (January) 0.0946

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0958 0.0936 0.0941
February 0.0946 0.0919 0.0929
March 0.0926 0.0912 0.0923
April 0.0926 0.0912 0.0923
May 0.0927 0.0918 0.0923
June 0.0926 0.0918 0.0922
July 0.0926 0.0909 0.0917
August 0.0919 0.0909 0.0915
September 0.0916 0.0905 0.0911
October 0.0911 0.0900 0.0904
November 0.0905 0.0895 0.0901
December 0.0909 0.0901 0.0904