2023 MOP to HUF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 MOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |