YEARLY HIGH
0.0278 MOP
YEARLY LOW
0.0218 MOP
YEARLY AVERAGE
0.0246 MOP

2023 LKR to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.0278. Conversely, the yearly low was recorded on January 1, dropping to 0.0218.

This high-to-low spread represents a total annual volatility of 0.0060 MOP. From a start-to-finish perspective, comparing the January average rate of 0.0220 to the December average rate of 0.0246, the exchange rate registered a net change of 11.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0278 was down 30.37% compared to the 2022 peak of 0.0399, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 139 MOP
2022 Average 131 MOP
Yearly Trough Low 109 MOP
Transaction Impact: A difference of 29.87 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0271
0.0216
JanuMarcMayJulySeptNove

LKR 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 0.0244, compared to 0.0249 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0244
H2 Avg (Jul–Dec) 0.0249

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0031 MOP (High: 0.0253 / Low: 0.0221). On the other end, November was the most stable month, with a tight range of 0.0003 MOP (High: 0.0247 / Low: 0.0244).

March Spread (Volatile) ±0.0031
November Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0015 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0267) against the same month in 2022 (average: 0.0225), the exchange rate shifted by +0.0042 (+18.59%).

2023 Avg (June) 0.0267
2022 Avg (June) 0.0225

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0222 0.0218 0.0220
February 0.0223 0.0219 0.0221
March 0.0253 0.0221 0.0242
April 0.0255 0.0245 0.0251
May 0.0274 0.0252 0.0261
June 0.0278 0.0252 0.0267
July 0.0264 0.0242 0.0252
August 0.0255 0.0248 0.0250
September 0.0253 0.0247 0.0249
October 0.0249 0.0246 0.0248
November 0.0247 0.0244 0.0245
December 0.0249 0.0245 0.0246