2023 MOP to EUR Historical Review

YEARLY HIGH

0.1184 EUR

YEARLY LOW

0.1100 EUR

YEARLY AVERAGE

0.1146 EUR

2023 MOP to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.1184. Conversely, the yearly low was recorded on May 6, dropping to 0.1100.

This high-to-low spread represents a total annual volatility of 0.0084 EUR. From a start-to-finish perspective, comparing the January average rate of 0.1151 to the December average rate of 0.1137, the exchange rate registered a net change of -1.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1184 was down 8.14% compared to the 2022 peak of 0.1289, 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 592 EUR

2022 Average 590 EUR

Yearly Trough Low 550 EUR

Transaction Impact: A difference of 41.93 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1180

0.1119

JanuMarcMayJulySeptNove

MOP to EUR 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 0.1145, compared to 0.1148 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.1145

H2 Avg (Jul–Dec) 0.1148

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0059 EUR (High: 0.1159 / Low: 0.1100). On the other end, August was the most stable month, with a tight range of 0.0020 EUR (High: 0.1147 / Low: 0.1127).

May Spread (Volatile) ±0.0059

August Spread (Stable) ±0.0020

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 0.0029 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1175) against the same month in 2022 (average: 0.1258), the exchange rate shifted by -0.0083 (-6.59%).

2023 Avg (October) 0.1175

2022 Avg (October) 0.1258

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1181	0.1135	0.1151
February	0.1173	0.1124	0.1156
March	0.1174	0.1134	0.1156
April	0.1147	0.1112	0.1127
May	0.1159	0.1100	0.1139
June	0.1158	0.1128	0.1143
July	0.1143	0.1105	0.1124
August	0.1147	0.1127	0.1137
September	0.1181	0.1147	0.1161
October	0.1184	0.1163	0.1175
November	0.1173	0.1132	0.1151
December	0.1154	0.1117	0.1137