2023 MOP to FJD Historical Review

YEARLY HIGH

0.2865 FJD

YEARLY LOW

0.2665 FJD

YEARLY AVERAGE

0.2766 FJD

2023 MOP to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.2865. Conversely, the yearly low was recorded on February 5, dropping to 0.2665.

This high-to-low spread represents a total annual volatility of 0.0200 FJD. From a start-to-finish perspective, comparing the January average rate of 0.2704 to the December average rate of 0.2751, the exchange rate registered a net change of 1.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2865 was down 1.64% compared to the 2022 peak of 0.2913, 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 1,433 FJD

2022 Average 1,357 FJD

Yearly Trough Low 1,333 FJD

Transaction Impact: A difference of 99.84 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2845

0.2691

JanuMarcMayJulySeptNove

MOP to FJD 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 0.2737, compared to 0.2795 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.2737

H2 Avg (Jul–Dec) 0.2795

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0099 FJD (High: 0.2767 / Low: 0.2668). On the other end, October was the most stable month, with a tight range of 0.0048 FJD (High: 0.2851 / Low: 0.2804).

January Spread (Volatile) ±0.0099

October Spread (Stable) ±0.0048

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 November and December, when the average rate fell by 0.0062 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.2813) against the same month in 2022 (average: 0.2786), the exchange rate shifted by +0.0027 (+0.97%).

2023 Avg (November) 0.2813

2022 Avg (November) 0.2786

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2767	0.2668	0.2704
February	0.2757	0.2665	0.2714
March	0.2783	0.2728	0.2748
April	0.2787	0.2713	0.2740
May	0.2792	0.2714	0.2757
June	0.2802	0.2723	0.2759
July	0.2796	0.2706	0.2758
August	0.2848	0.2757	0.2799
September	0.2852	0.2797	0.2816
October	0.2851	0.2804	0.2832
November	0.2865	0.2773	0.2813
December	0.2783	0.2709	0.2751