2023 MOP to DJF Historical Review

YEARLY HIGH

22.2726 DJF

YEARLY LOW

21.7319 DJF

YEARLY AVERAGE

22.0615 DJF

2023 MOP to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 3, valuing the pair at 22.2726. Conversely, the yearly low was recorded on April 29, dropping to 21.7319.

This high-to-low spread represents a total annual volatility of 0.5407 DJF. From a start-to-finish perspective, comparing the January average rate of 22.0688 to the December average rate of 22.1144, the exchange rate registered a net change of 0.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 22.2726 was up 0.10% compared to the 2022 peak of 22.2506, 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 111,363 DJF

2022 Average 110,357 DJF

Yearly Trough Low 108,660 DJF

Transaction Impact: A difference of 2,703.54 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

22.1294

21.9788

JanuMarcMayJulySeptNove

MOP to DJF 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 22.0308, compared to 22.0922 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0614 points.

H1 Avg (Jan–Jun) 22.0308

H2 Avg (Jul–Dec) 22.0922

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.4029 DJF (High: 22.2359 / Low: 21.8330). On the other end, October was the most stable month, with a tight range of 0.1230 DJF (High: 22.1562 / Low: 22.0333).

February Spread (Volatile) ±0.4029

October Spread (Stable) ±0.1230

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 January and February, when the average rate fell by 0.0493 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0493

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 22.0740) against the same month in 2022 (average: 22.0422), the exchange rate shifted by +0.0318 (+0.14%).

2023 Avg (August) 22.0740

2022 Avg (August) 22.0422

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.1431	22.0174	22.0688
February	22.2359	21.8330	22.0194
March	22.1245	21.9747	22.0061
April	22.0789	21.7319	21.9913
May	22.1746	21.9275	22.0364
June	22.1652	21.9403	22.0629
July	22.2187	21.9093	22.0905
August	22.2726	21.9640	22.0740
September	22.2251	22.0048	22.0772
October	22.1562	22.0333	22.0801
November	22.2166	21.9194	22.1169
December	22.2398	22.0477	22.1144