YEARLY HIGH
0.9794 GTQ
YEARLY LOW
0.9632 GTQ
YEARLY AVERAGE
0.9713 GTQ

2023 MOP to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on August 1, valuing the pair at 0.9794. Conversely, the yearly low was recorded on April 1, dropping to 0.9632.

This high-to-low spread represents a total annual volatility of 0.0162 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.9744 to the December average rate of 0.9725, the exchange rate registered a net change of -0.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9794 was down 0.74% compared to the 2022 peak of 0.9867, 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 4,897 GTQ
2022 Average 4,805 GTQ
Yearly Trough Low 4,816 GTQ
Transaction Impact: A difference of 80.98 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9768
0.9634
JanuMarcMayJulySeptNove

MOP to GTQ 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 0.9685, compared to 0.9741 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 0.9685
H2 Avg (Jul–Dec) 0.9741

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0077 GTQ (High: 0.9794 / Low: 0.9717). On the other end, October was the most stable month, with a tight range of 0.0019 GTQ (High: 0.9744 / Low: 0.9725).

August Spread (Volatile) ±0.0077
October Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0054 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.9748) against the same month in 2022 (average: 0.9575), the exchange rate shifted by +0.0174 (+1.81%).

2023 Avg (August) 0.9748
2022 Avg (August) 0.9575

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9776 0.9724 0.9744
February 0.9718 0.9659 0.9690
March 0.9664 0.9632 0.9651
April 0.9653 0.9632 0.9645
May 0.9697 0.9652 0.9668
June 0.9733 0.9694 0.9712
July 0.9788 0.9720 0.9746
August 0.9794 0.9717 0.9748
September 0.9775 0.9739 0.9757
October 0.9744 0.9725 0.9732
November 0.9764 0.9719 0.9739
December 0.9735 0.9712 0.9725