2023 MOP to BTN Historical Review

YEARLY HIGH

10.3891 BTN

YEARLY LOW

10.0596 BTN

YEARLY AVERAGE

10.2407 BTN

2023 MOP to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 10.3891. Conversely, the yearly low was recorded on January 22, dropping to 10.0596.

This high-to-low spread represents a total annual volatility of 0.3295 BTN. From a start-to-finish perspective, comparing the January average rate of 10.1591 to the December average rate of 10.3462, the exchange rate registered a net change of 1.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.3891 was up 0.57% compared to the 2022 peak of 10.3301, 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 51,946 BTN

2022 Average 48,715 BTN

Yearly Trough Low 50,298 BTN

Transaction Impact: A difference of 1,647.53 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.3801

10.1169

JanuMarcMayJulySeptNove

MOP to BTN 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 10.1806, compared to 10.3007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1201 points.

H1 Avg (Jan–Jun) 10.1806

H2 Avg (Jul–Dec) 10.3007

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.2450 BTN (High: 10.3046 / Low: 10.0596). On the other end, October was the most stable month, with a tight range of 0.0439 BTN (High: 10.3387 / Low: 10.2948).

January Spread (Volatile) ±0.2450

October Spread (Stable) ±0.0439

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0446 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0446

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 10.3582) against the same month in 2022 (average: 10.1348), the exchange rate shifted by +0.2234 (+2.20%).

2023 Avg (November) 10.3582

2022 Avg (November) 10.1348

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.3046	10.0596	10.1591
February	10.2507	10.1261	10.2181
March	10.2378	10.0895	10.1834
April	10.1858	10.1116	10.1388
May	10.2741	10.1035	10.1955
June	10.2483	10.1578	10.1887
July	10.3016	10.1538	10.2081
August	10.3465	10.2134	10.2747
September	10.3320	10.2398	10.2945
October	10.3387	10.2948	10.3226
November	10.3891	10.3236	10.3582
December	10.3689	10.3244	10.3462