YEARLY HIGH
73.7094 CRC
YEARLY LOW
64.4491 CRC
YEARLY AVERAGE
67.1961 CRC

2023 MOP to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 73.7094. Conversely, the yearly low was recorded on December 28, dropping to 64.4491.

This high-to-low spread represents a total annual volatility of 9.2604 CRC. From a start-to-finish perspective, comparing the January average rate of 71.3618 to the December average rate of 65.2122, the exchange rate registered a net change of -8.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 73.7094 was down 13.80% compared to the 2022 peak of 85.5096, 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 368,547 CRC
2022 Average 399,949 CRC
Yearly Trough Low 322,245 CRC
Transaction Impact: A difference of 46,301.82 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

71.9768
64.5972
JanuMarcMayJulySeptNove

MOP to CRC 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 68.1173, compared to 66.2749 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8425 points.

H1 Avg (Jan–Jun) 68.1173
H2 Avg (Jul–Dec) 66.2749

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 5.2892 CRC (High: 73.7094 / Low: 68.4203). On the other end, November was the most stable month, with a tight range of 0.4626 CRC (High: 66.3114 / Low: 65.8488).

January Spread (Volatile) ±5.2892
November Spread (Stable) ±0.4626

Growth Streaks & Declines

Trends

Between April and July, 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 February and March, when the average rate fell by 2.3323 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.3323

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 71.3618) against the same month in 2022 (average: 79.6091), the exchange rate shifted by -8.2472 (-10.36%).

2023 Avg (January) 71.3618
2022 Avg (January) 79.6091

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 73.7094 68.4203 71.3618
February 72.0151 68.2790 69.9173
March 69.1448 66.7477 67.5850
April 67.0292 65.7007 66.3090
May 67.2159 66.1813 66.5925
June 67.2932 66.4812 66.9384
July 67.9021 66.5567 67.1623
August 67.8631 66.0388 66.7791
September 66.8576 65.7517 66.4196
October 66.4638 65.7124 66.0307
November 66.3114 65.8488 66.0452
December 65.7545 64.4491 65.2122