YEARLY HIGH
0.0066 MOP
YEARLY LOW
0.0059 MOP
YEARLY AVERAGE
0.0062 MOP

2023 KRW to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KRW to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.0066. Conversely, the yearly low was recorded on October 29, dropping to 0.0059.

This high-to-low spread represents a total annual volatility of 0.0007 MOP. From a start-to-finish perspective, comparing the January average rate of 0.0065 to the December average rate of 0.0062, the exchange rate registered a net change of -4.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0066 was down 2.37% compared to the 2022 peak of 0.0068, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 33,041 MOP
2022 Average 31,316 MOP
Yearly Trough Low 29,634 MOP
Transaction Impact: A difference of 3,406.99 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0065
0.0059
JanuMarcMayJulySeptNove

KRW 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 0.0062, compared to 0.0061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0062
H2 Avg (Jul–Dec) 0.0061

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0005 MOP (High: 0.0066 / Low: 0.0061). On the other end, October was the most stable month, with a tight range of 0.0001 MOP (High: 0.0060 / Low: 0.0059).

February Spread (Volatile) ±0.0005
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0063) against the same month in 2022 (average: 0.0067), the exchange rate shifted by -0.0004 (-5.76%).

2023 Avg (February) 0.0063
2022 Avg (February) 0.0067

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0066 0.0063 0.0065
February 0.0066 0.0061 0.0063
March 0.0063 0.0061 0.0062
April 0.0062 0.0060 0.0061
May 0.0062 0.0060 0.0061
June 0.0064 0.0061 0.0062
July 0.0064 0.0061 0.0063
August 0.0062 0.0060 0.0061
September 0.0061 0.0059 0.0060
October 0.0060 0.0059 0.0060
November 0.0062 0.0060 0.0061
December 0.0063 0.0061 0.0062