2023 MOP to BND Historical Review

YEARLY HIGH

0.1706 BND

YEARLY LOW

0.1617 BND

YEARLY AVERAGE

0.1665 BND

2023 MOP to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 21, valuing the pair at 0.1706. Conversely, the yearly low was recorded on February 2, dropping to 0.1617.

This high-to-low spread represents a total annual volatility of 0.0089 BND. From a start-to-finish perspective, comparing the January average rate of 0.1648 to the December average rate of 0.1654, the exchange rate registered a net change of 0.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1706 was down 4.61% compared to the 2022 peak of 0.1788, 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 853 BND

2022 Average 855 BND

Yearly Trough Low 808 BND

Transaction Impact: A difference of 44.51 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1704

0.1642

JanuMarcMayJulySeptNove

MOP to BND 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 0.1655, compared to 0.1676 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.1655

H2 Avg (Jul–Dec) 0.1676

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0052 BND (High: 0.1669 / Low: 0.1617). On the other end, April was the most stable month, with a tight range of 0.0015 BND (High: 0.1654 / Low: 0.1639).

February Spread (Volatile) ±0.0052

April Spread (Stable) ±0.0015

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 November and December, when the average rate fell by 0.0024 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1699) against the same month in 2022 (average: 0.1764), the exchange rate shifted by -0.0065 (-3.70%).

2023 Avg (October) 0.1699

2022 Avg (October) 0.1764

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1675	0.1626	0.1648
February	0.1669	0.1617	0.1648
March	0.1676	0.1641	0.1660
April	0.1654	0.1639	0.1647
May	0.1679	0.1633	0.1659
June	0.1682	0.1658	0.1668
July	0.1682	0.1640	0.1659
August	0.1685	0.1658	0.1676
September	0.1702	0.1671	0.1690
October	0.1706	0.1689	0.1699
November	0.1702	0.1658	0.1679
December	0.1670	0.1635	0.1654