YEARLY HIGH
47.1569 HUF
YEARLY LOW
41.3233 HUF
YEARLY AVERAGE
43.7858 HUF

2023 MOP to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 47.1569. Conversely, the yearly low was recorded on July 13, dropping to 41.3233.

This high-to-low spread represents a total annual volatility of 5.8336 HUF. From a start-to-finish perspective, comparing the January average rate of 45.4488 to the December average rate of 43.4062, the exchange rate registered a net change of -4.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 47.1569 was down 14.37% compared to the 2022 peak of 55.0736, 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 235,784 HUF
2022 Average 231,053 HUF
Yearly Trough Low 206,616 HUF
Transaction Impact: A difference of 29,168.00 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

45.7561
42.0690
JanuMarcMayJulySeptNove

MOP to HUF 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 43.6201, compared to 43.9515 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3314 points.

H1 Avg (Jan–Jun) 43.6201
H2 Avg (Jul–Dec) 43.9515

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 3.6646 HUF (High: 46.7806 / Low: 43.1159). On the other end, June was the most stable month, with a tight range of 1.0702 HUF (High: 42.7904 / Low: 41.7202).

March Spread (Volatile) ±3.6646
June Spread (Stable) ±1.0702

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 2.1474 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -2.1474

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 45.4488) against the same month in 2022 (average: 39.5228), the exchange rate shifted by +5.9261 (+14.99%).

2023 Avg (January) 45.4488
2022 Avg (January) 39.5228

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 47.1569 43.9403 45.4488
February 45.5276 43.5188 44.4612
March 46.7806 43.1159 44.5562
April 43.6888 41.8225 42.4089
May 43.2314 41.6225 42.4692
June 42.7904 41.7202 42.3763
July 43.9666 41.3233 42.6568
August 44.6870 42.9420 43.7952
September 46.3546 43.8742 44.9141
October 46.1410 44.3991 45.3081
November 44.9824 42.7342 43.6283
December 44.2304 42.7366 43.4062