2023 MOP to DKK Historical Review

YEARLY HIGH

0.8829 DKK

YEARLY LOW

0.8239 DKK

YEARLY AVERAGE

0.8548 DKK

2023 MOP to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.8829. Conversely, the yearly low was recorded on July 17, dropping to 0.8239.

This high-to-low spread represents a total annual volatility of 0.0590 DKK. From a start-to-finish perspective, comparing the January average rate of 0.8565 to the December average rate of 0.8479, the exchange rate registered a net change of -1.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8829 was down 7.87% compared to the 2022 peak of 0.9584, 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 4,415 DKK

2022 Average 4,386 DKK

Yearly Trough Low 4,120 DKK

Transaction Impact: A difference of 295.17 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8805

0.8341

JanuMarcMayJulySeptNove

MOP to DKK 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 0.8538, compared to 0.8558 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) 0.8538

H2 Avg (Jul–Dec) 0.8558

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0374 DKK (High: 0.8737 / Low: 0.8363). On the other end, August was the most stable month, with a tight range of 0.0137 DKK (High: 0.8549 / Low: 0.8411).

February Spread (Volatile) ±0.0374

August Spread (Stable) ±0.0137

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 0.0198 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0198

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.8767) against the same month in 2022 (average: 0.9357), the exchange rate shifted by -0.0591 (-6.31%).

2023 Avg (October) 0.8767

2022 Avg (October) 0.9357

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8784	0.8445	0.8565
February	0.8737	0.8363	0.8611
March	0.8755	0.8448	0.8616
April	0.8547	0.8338	0.8417
May	0.8633	0.8328	0.8498
June	0.8629	0.8403	0.8519
July	0.8517	0.8239	0.8380
August	0.8549	0.8411	0.8477
September	0.8803	0.8553	0.8663
October	0.8829	0.8680	0.8767
November	0.8755	0.8441	0.8583
December	0.8606	0.8322	0.8479