2023 MOP to HTG Historical Review

YEARLY HIGH

19.3255 HTG

YEARLY LOW

16.3615 HTG

YEARLY AVERAGE

17.5705 HTG

2023 MOP to HTG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to HTG exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 19.3255. Conversely, the yearly low was recorded on December 16, dropping to 16.3615.

This high-to-low spread represents a total annual volatility of 2.9641 HTG. From a start-to-finish perspective, comparing the January average rate of 18.4300 to the December average rate of 16.4189, the exchange rate registered a net change of -10.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 19.3255 was up 5.47% compared to the 2022 peak of 18.3230, 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 96,628 HTG

2022 Average 72,808 HTG

Yearly Trough Low 81,807 HTG

Transaction Impact: A difference of 14,820.30 HTG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

19.4736

16.1412

JanuMarcMayJulySeptNove

MOP to HTG 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 18.4187, compared to 16.7224 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6963 points.

H1 Avg (Jan–Jun) 18.4187

H2 Avg (Jul–Dec) 16.7224

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 1.8216 HTG (High: 19.1706 / Low: 17.3490). On the other end, November was the most stable month, with a tight range of 0.0913 HTG (High: 16.5512 / Low: 16.4599).

May Spread (Volatile) ±1.8216

November Spread (Stable) ±0.0913

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 1.1803 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.1803

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 19.1959) against the same month in 2022 (average: 13.4071), the exchange rate shifted by +5.7889 (+43.18%).

2023 Avg (April) 19.1959

2022 Avg (April) 13.4071

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.5360	18.3157	18.4300
February	18.7384	18.4561	18.5804
March	19.2309	18.6494	19.0241
April	19.3255	19.0454	19.1959
May	19.1706	17.3490	18.0156
June	17.4666	17.1587	17.2659
July	17.2815	16.9528	17.1217
August	17.0952	16.7673	16.8885
September	16.8997	16.6919	16.7770
October	16.8233	16.4794	16.6311
November	16.5512	16.4599	16.4971
December	16.4589	16.3615	16.4189