2023 MOP to BGN Historical Review

YEARLY HIGH

0.2316 BGN

YEARLY LOW

0.2163 BGN

YEARLY AVERAGE

0.2243 BGN

2023 MOP to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.2316. Conversely, the yearly low was recorded on July 13, dropping to 0.2163.

This high-to-low spread represents a total annual volatility of 0.0154 BGN. From a start-to-finish perspective, comparing the January average rate of 0.2252 to the December average rate of 0.2224, the exchange rate registered a net change of -1.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2316 was down 8.21% compared to the 2022 peak of 0.2523, 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 1,158 BGN

2022 Average 1,153 BGN

Yearly Trough Low 1,081 BGN

Transaction Impact: A difference of 76.87 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2308

0.2189

JanuMarcMayJulySeptNove

MOP to BGN 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 0.2241, compared to 0.2245 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.2241

H2 Avg (Jul–Dec) 0.2245

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0087 BGN (High: 0.2310 / Low: 0.2223). On the other end, August was the most stable month, with a tight range of 0.0036 BGN (High: 0.2242 / Low: 0.2207).

January Spread (Volatile) ±0.0087

August Spread (Stable) ±0.0036

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 March and April, when the average rate fell by 0.0056 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.2298) against the same month in 2022 (average: 0.2460), the exchange rate shifted by -0.0162 (-6.58%).

2023 Avg (October) 0.2298

2022 Avg (October) 0.2460

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2310	0.2223	0.2252
February	0.2293	0.2217	0.2262
March	0.2293	0.2220	0.2262
April	0.2226	0.2188	0.2206
May	0.2268	0.2186	0.2230
June	0.2265	0.2208	0.2236
July	0.2236	0.2163	0.2199
August	0.2242	0.2207	0.2225
September	0.2309	0.2242	0.2272
October	0.2316	0.2275	0.2298
November	0.2296	0.2217	0.2251
December	0.2258	0.2185	0.2224