YEARLY HIGH
0.6808 BRL
YEARLY LOW
0.5878 BRL
YEARLY AVERAGE
0.6196 BRL

2023 MOP to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.6808. Conversely, the yearly low was recorded on July 24, dropping to 0.5878.

This high-to-low spread represents a total annual volatility of 0.0931 BRL. From a start-to-finish perspective, comparing the January average rate of 0.6441 to the December average rate of 0.6081, the exchange rate registered a net change of -5.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6808 was down 4.24% compared to the 2022 peak of 0.7110, 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 3,404 BRL
2022 Average 3,201 BRL
Yearly Trough Low 2,939 BRL
Transaction Impact: A difference of 465.33 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6504
0.5918
JanuMarcMayJulySeptNove

MOP to BRL 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 0.6283, compared to 0.6110 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0173 points.

H1 Avg (Jan–Jun) 0.6283
H2 Avg (Jul–Dec) 0.6110

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0533 BRL (High: 0.6808 / Low: 0.6275). On the other end, November was the most stable month, with a tight range of 0.0114 BRL (High: 0.6157 / Low: 0.6043).

January Spread (Volatile) ±0.0533
November Spread (Stable) ±0.0114

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 0.0246 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0246

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.6441) against the same month in 2022 (average: 0.6882), the exchange rate shifted by -0.0441 (-6.41%).

2023 Avg (January) 0.6441
2022 Avg (January) 0.6882

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6808 0.6275 0.6441
February 0.6550 0.6253 0.6408
March 0.6622 0.6267 0.6455
April 0.6297 0.6067 0.6209
May 0.6268 0.6054 0.6166
June 0.6218 0.5907 0.6015
July 0.6108 0.5878 0.5966
August 0.6185 0.5969 0.6090
September 0.6256 0.6029 0.6134
October 0.6424 0.6189 0.6285
November 0.6157 0.6043 0.6102
December 0.6173 0.5972 0.6081