2023 MDL to MOP Historical Review

YEARLY HIGH

0.4678 MOP

YEARLY LOW

0.4188 MOP

YEARLY AVERAGE

0.4456 MOP

2023 MDL to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.4678. Conversely, the yearly low was recorded on January 8, dropping to 0.4188.

This high-to-low spread represents a total annual volatility of 0.0490 MOP. From a start-to-finish perspective, comparing the January average rate of 0.4241 to the December average rate of 0.4575, the exchange rate registered a net change of 7.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4678 was up 3.36% compared to the 2022 peak of 0.4526, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,339 MOP

2022 Average 2,139 MOP

Yearly Trough Low 2,094 MOP

Transaction Impact: A difference of 244.99 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4608

0.4208

JanuMarcMayJulySeptNove

MDL 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 0.4402, compared to 0.4510 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0107 points.

H1 Avg (Jan–Jun) 0.4402

H2 Avg (Jul–Dec) 0.4510

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0263 MOP (High: 0.4655 / Low: 0.4392). On the other end, February was the most stable month, with a tight range of 0.0057 MOP (High: 0.4325 / Low: 0.4268).

July Spread (Volatile) ±0.0263

February Spread (Stable) ±0.0057

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0073 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.4575) against the same month in 2022 (average: 0.4151), the exchange rate shifted by +0.0424 (+10.20%).

2023 Avg (December) 0.4575

2022 Avg (December) 0.4151

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4309	0.4188	0.4241
February	0.4325	0.4268	0.4306
March	0.4415	0.4282	0.4339
April	0.4523	0.4408	0.4478
May	0.4569	0.4500	0.4543
June	0.4560	0.4411	0.4507
July	0.4655	0.4392	0.4496
August	0.4605	0.4525	0.4559
September	0.4549	0.4420	0.4486
October	0.4480	0.4417	0.4443
November	0.4553	0.4444	0.4500
December	0.4678	0.4486	0.4575