2023 MOP to ALL Historical Review

YEARLY HIGH

13.8438 ALL

YEARLY LOW

11.1453 ALL

YEARLY AVERAGE

12.4821 ALL

2023 MOP to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 13.8438. Conversely, the yearly low was recorded on July 20, dropping to 11.1453.

This high-to-low spread represents a total annual volatility of 2.6986 ALL. From a start-to-finish perspective, comparing the January average rate of 13.4010 to the December average rate of 11.6931, the exchange rate registered a net change of -12.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 13.8438 was down 7.32% compared to the 2022 peak of 14.9373, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 69,219 ALL

2022 Average 70,078 ALL

Yearly Trough Low 55,726 ALL

Transaction Impact: A difference of 13,492.77 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

13.5787

11.4455

JanuMarcMayJulySeptNove

MOP to ALL 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 12.9403, compared to 12.0239 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9164 points.

H1 Avg (Jan–Jun) 12.9403

H2 Avg (Jul–Dec) 12.0239

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 1.0927 ALL (High: 12.6661 / Low: 11.5734). On the other end, September was the most stable month, with a tight range of 0.2422 ALL (High: 12.5610 / Low: 12.3188).

August Spread (Volatile) ±1.0927

September Spread (Stable) ±0.2422

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.6547 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.6547

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 13.4010) against the same month in 2022 (average: 13.3594), the exchange rate shifted by +0.0415 (+0.31%).

2023 Avg (January) 13.4010

2022 Avg (January) 13.3594

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.8438	13.2544	13.4010
February	13.4617	13.1317	13.3681
March	13.4438	12.9088	13.2420
April	12.9088	12.4303	12.6800
May	12.9976	12.4666	12.6731
June	12.6597	12.0687	12.2780
July	12.1625	11.1453	11.6233
August	12.6661	11.5734	12.0209
September	12.5610	12.3188	12.4151
October	12.5519	12.3062	12.4301
November	12.4142	11.5936	11.9613
December	11.8050	11.5444	11.6931