YEARLY HIGH
13.7961 BDT
YEARLY LOW
12.8487 BDT
YEARLY AVERAGE
13.4011 BDT

2023 MOP to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 13.7961. Conversely, the yearly low was recorded on January 3, dropping to 12.8487.

This high-to-low spread represents a total annual volatility of 0.9474 BDT. From a start-to-finish perspective, comparing the January average rate of 13.0116 to the December average rate of 13.6611, the exchange rate registered a net change of 4.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 13.7961 was up 3.92% compared to the 2022 peak of 13.2759, 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 68,981 BDT
2022 Average 57,851 BDT
Yearly Trough Low 64,243 BDT
Transaction Impact: A difference of 4,737.20 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

13.8079
12.9392
JanuMarcMayJulySeptNove

MOP to BDT 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 13.1813, compared to 13.6210 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4396 points.

H1 Avg (Jan–Jun) 13.1813
H2 Avg (Jul–Dec) 13.6210

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.4836 BDT (High: 13.4082 / Low: 12.9246). On the other end, October was the most stable month, with a tight range of 0.0459 BDT (High: 13.6902 / Low: 13.6443).

February Spread (Volatile) ±0.4836
October Spread (Stable) ±0.0459

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0745 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0745

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 13.7356) against the same month in 2022 (average: 12.6759), the exchange rate shifted by +1.0597 (+8.36%).

2023 Avg (November) 13.7356
2022 Avg (November) 12.6759

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.2418 12.8487 13.0116
February 13.4082 12.9246 13.1532
March 13.3190 12.9209 13.1151
April 13.3039 12.9997 13.1401
May 13.4174 13.1250 13.2725
June 13.4461 13.2882 13.3955
July 13.5178 13.3677 13.4787
August 13.6243 13.4453 13.5580
September 13.6923 13.5198 13.6152
October 13.6902 13.6443 13.6772
November 13.7961 13.6347 13.7356
December 13.6982 13.6315 13.6611