2023 MOP to BOB Historical Review

YEARLY HIGH

0.8659 BOB

YEARLY LOW

0.8518 BOB

YEARLY AVERAGE

0.8569 BOB

2023 MOP to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.8659. Conversely, the yearly low was recorded on May 6, dropping to 0.8518.

This high-to-low spread represents a total annual volatility of 0.0142 BOB. From a start-to-finish perspective, comparing the January average rate of 0.8579 to the December average rate of 0.8590, the exchange rate registered a net change of 0.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8659 was up 0.21% compared to the 2022 peak of 0.8641, 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 4,330 BOB

2022 Average 4,273 BOB

Yearly Trough Low 4,259 BOB

Transaction Impact: A difference of 70.86 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8598

0.8543

JanuMarcMayJulySeptNove

MOP to BOB 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 0.8559, compared to 0.8580 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) 0.8559

H2 Avg (Jul–Dec) 0.8580

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0116 BOB (High: 0.8659 / Low: 0.8543). On the other end, February was the most stable month, with a tight range of 0.0020 BOB (High: 0.8566 / Low: 0.8546).

April Spread (Volatile) ±0.0116

February Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0030 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.8553) against the same month in 2022 (average: 0.8517), the exchange rate shifted by +0.0036 (+0.43%).

2023 Avg (April) 0.8553

2022 Avg (April) 0.8517

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8608	0.8560	0.8579
February	0.8566	0.8546	0.8550
March	0.8573	0.8542	0.8548
April	0.8659	0.8543	0.8553
May	0.8582	0.8518	0.8558
June	0.8584	0.8554	0.8565
July	0.8633	0.8561	0.8583
August	0.8608	0.8548	0.8573
September	0.8581	0.8551	0.8568
October	0.8581	0.8551	0.8572
November	0.8612	0.8571	0.8593
December	0.8618	0.8581	0.8590