YEARLY HIGH
0.2132 AZN
YEARLY LOW
0.2084 AZN
YEARLY AVERAGE
0.2109 AZN

2023 MOP to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.2132. Conversely, the yearly low was recorded on February 5, dropping to 0.2084.

This high-to-low spread represents a total annual volatility of 0.0048 AZN. From a start-to-finish perspective, comparing the January average rate of 0.2111 to the December average rate of 0.2111, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2132 was up 0.14% compared to the 2022 peak of 0.2129, 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 1,066 AZN
2022 Average 1,054 AZN
Yearly Trough Low 1,042 AZN
Transaction Impact: A difference of 23.99 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2118
0.2102
JanuMarcMayJulySeptNove

MOP to AZN 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 0.2106, compared to 0.2112 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) 0.2106
H2 Avg (Jul–Dec) 0.2112

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0032 AZN (High: 0.2116 / Low: 0.2084). On the other end, October was the most stable month, with a tight range of 0.0014 AZN (High: 0.2117 / Low: 0.2103).

February Spread (Volatile) ±0.0032
October Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between April and July, 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 January and February, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.2106) against the same month in 2022 (average: 0.2110), the exchange rate shifted by -0.0004 (-0.18%).

2023 Avg (March) 0.2106
2022 Avg (March) 0.2110

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2120 0.2106 0.2111
February 0.2116 0.2084 0.2103
March 0.2132 0.2101 0.2106
April 0.2131 0.2099 0.2105
May 0.2117 0.2096 0.2106
June 0.2121 0.2098 0.2108
July 0.2128 0.2105 0.2114
August 0.2128 0.2102 0.2109
September 0.2118 0.2102 0.2108
October 0.2117 0.2103 0.2110
November 0.2128 0.2109 0.2117
December 0.2118 0.2101 0.2111