2023 MOP to GNF Historical Review

YEARLY HIGH

1091.7119 GNF

YEARLY LOW

1055.7722 GNF

YEARLY AVERAGE

1069.1946 GNF

2023 MOP to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 1091.7119. Conversely, the yearly low was recorded on February 18, dropping to 1055.7722.

This high-to-low spread represents a total annual volatility of 35.9396 GNF. From a start-to-finish perspective, comparing the January average rate of 1076.0249 to the December average rate of 1068.1261, the exchange rate registered a net change of -0.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1091.7119 was down 6.06% compared to the 2022 peak of 1162.1327, 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 5,458,559 GNF

2022 Average 5,459,894 GNF

Yearly Trough Low 5,278,861 GNF

Transaction Impact: A difference of 179,698.19 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1077.1531

1063.6148

JanuMarcMayJulySeptNove

MOP to GNF 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 1069.6764, compared to 1068.7128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9635 points.

H1 Avg (Jan–Jun) 1069.6764

H2 Avg (Jul–Dec) 1068.7128

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 33.1608 GNF (High: 1088.9330 / Low: 1055.7722). On the other end, December was the most stable month, with a tight range of 9.1964 GNF (High: 1070.8934 / Low: 1061.6970).

February Spread (Volatile) ±33.1608

December Spread (Stable) ±9.1964

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 6.4857 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -6.4857

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1076.0249) against the same month in 2022 (average: 1133.4994), the exchange rate shifted by -57.4745 (-5.07%).

2023 Avg (January) 1076.0249

2022 Avg (January) 1133.4994

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1091.7119	1066.5659	1076.0249
February	1088.9330	1055.7722	1069.5391
March	1088.0851	1064.0392	1069.8480
April	1070.5758	1060.2285	1064.7430
May	1074.2211	1063.2931	1068.6210
June	1074.1115	1064.7244	1069.2821
July	1078.2331	1065.2364	1070.1749
August	1083.6484	1062.4383	1068.4355
September	1075.2513	1062.6595	1067.1425
October	1073.6768	1063.3524	1067.7040
November	1076.4686	1065.6746	1070.6942
December	1070.8934	1061.6970	1068.1261