YEARLY HIGH
0.0530 MOP
YEARLY LOW
0.0425 MOP
YEARLY AVERAGE
0.0464 MOP

2023 LRD to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0530. Conversely, the yearly low was recorded on November 26, dropping to 0.0425.

This high-to-low spread represents a total annual volatility of 0.0105 MOP. From a start-to-finish perspective, comparing the January average rate of 0.0518 to the December average rate of 0.0428, the exchange rate registered a net change of -17.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0530 was down 4.19% compared to the 2022 peak of 0.0554, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 265 MOP
2022 Average 264 MOP
Yearly Trough Low 213 MOP
Transaction Impact: A difference of 52.54 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0527
0.0419
JanuMarcMayJulySeptNove

LRD 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 0.0497, compared to 0.0432 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0065 points.

H1 Avg (Jan–Jun) 0.0497
H2 Avg (Jul–Dec) 0.0432

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0031 MOP (High: 0.0526 / Low: 0.0495). On the other end, October was the most stable month, with a tight range of 0.0004 MOP (High: 0.0433 / Low: 0.0429).

March Spread (Volatile) ±0.0031
October 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 June and July, when the average rate fell by 0.0024 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0517) against the same month in 2022 (average: 0.0523), the exchange rate shifted by -0.0006 (-1.14%).

2023 Avg (February) 0.0517
2022 Avg (February) 0.0523

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0525 0.0514 0.0518
February 0.0530 0.0508 0.0517
March 0.0526 0.0495 0.0506
April 0.0499 0.0483 0.0495
May 0.0489 0.0477 0.0483
June 0.0478 0.0448 0.0462
July 0.0448 0.0430 0.0438
August 0.0435 0.0428 0.0433
September 0.0435 0.0431 0.0433
October 0.0433 0.0429 0.0431
November 0.0430 0.0425 0.0428
December 0.0431 0.0426 0.0428