YEARLY HIGH
0.0188 MOP
YEARLY LOW
0.0168 MOP
YEARLY AVERAGE
0.0177 MOP

2023 KZT to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KZT to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 5, valuing the pair at 0.0188. Conversely, the yearly low was recorded on October 19, dropping to 0.0168.

This high-to-low spread represents a total annual volatility of 0.0020 MOP. From a start-to-finish perspective, comparing the January average rate of 0.0174 to the December average rate of 0.0175, the exchange rate registered a net change of 0.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0188 was down 3.67% compared to the 2022 peak of 0.0195, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 94 MOP
2022 Average 88 MOP
Yearly Trough Low 84 MOP
Transaction Impact: A difference of 9.81 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0182
0.0168
JanuMarcMayJulySeptNove

KZT 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 0.0179, compared to 0.0175 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0179
H2 Avg (Jul–Dec) 0.0175

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0014 MOP (High: 0.0188 / Low: 0.0174). On the other end, January was the most stable month, with a tight range of 0.0003 MOP (High: 0.0176 / Low: 0.0173).

March Spread (Volatile) ±0.0014
January Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0179) against the same month in 2022 (average: 0.0160), the exchange rate shifted by +0.0019 (+11.86%).

2023 Avg (March) 0.0179
2022 Avg (March) 0.0160

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0176 0.0173 0.0174
February 0.0182 0.0175 0.0179
March 0.0188 0.0174 0.0179
April 0.0183 0.0177 0.0179
May 0.0183 0.0179 0.0181
June 0.0182 0.0178 0.0180
July 0.0183 0.0179 0.0181
August 0.0181 0.0174 0.0178
September 0.0177 0.0168 0.0172
October 0.0172 0.0168 0.0169
November 0.0175 0.0171 0.0173
December 0.0177 0.0174 0.0175