YEARLY HIGH
1979.9636 IDR
YEARLY LOW
1809.5151 IDR
YEARLY AVERAGE
1890.7789 IDR

2023 MOP to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 1979.9636. Conversely, the yearly low was recorded on May 6, dropping to 1809.5151.

This high-to-low spread represents a total annual volatility of 170.4485 IDR. From a start-to-finish perspective, comparing the January average rate of 1892.5540 to the December average rate of 1922.5376, the exchange rate registered a net change of 1.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1979.9636 was up 0.64% compared to the 2022 peak of 1967.2986, 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 9,899,818 IDR
2022 Average 9,206,358 IDR
Yearly Trough Low 9,047,575 IDR
Transaction Impact: A difference of 852,242.67 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1968.2198
1827.8229
JanuMarcMayJulySeptNove

MOP to IDR 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 1866.2264, compared to 1915.3314 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 49.1050 points.

H1 Avg (Jan–Jun) 1866.2264
H2 Avg (Jul–Dec) 1915.3314

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 90.6548 IDR (High: 1942.0293 / Low: 1851.3745). On the other end, August was the most stable month, with a tight range of 24.9701 IDR (High: 1906.4131 / Low: 1881.4431).

January Spread (Volatile) ±90.6548
August Spread (Stable) ±24.9701

Growth Streaks & Declines

Trends

Between May and October, 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 March and April, when the average rate fell by 53.7648 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -53.7648

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1956.5201) against the same month in 2022 (average: 1909.4444), the exchange rate shifted by +47.0757 (+2.47%).

2023 Avg (October) 1956.5201
2022 Avg (October) 1909.4444

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1942.0293 1851.3745 1892.5540
February 1889.4465 1843.9396 1876.2242
March 1928.3684 1852.6098 1894.9444
April 1858.7052 1814.8717 1841.1795
May 1859.7313 1809.5151 1839.5227
June 1870.7687 1838.3568 1852.9333
July 1891.7747 1857.4288 1872.4274
August 1906.4131 1881.4431 1894.1922
September 1932.0227 1885.0935 1906.8349
October 1979.9636 1911.8885 1956.5201
November 1975.3126 1912.6524 1939.4761
December 1945.1537 1908.2009 1922.5376