2023 MOP to INR Historical Review

YEARLY HIGH

10.4196 INR

YEARLY LOW

10.0383 INR

YEARLY AVERAGE

10.2435 INR

2023 MOP to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 19, valuing the pair at 10.4196. Conversely, the yearly low was recorded on January 22, dropping to 10.0383.

This high-to-low spread represents a total annual volatility of 0.3814 INR. From a start-to-finish perspective, comparing the January average rate of 10.1469 to the December average rate of 10.3365, the exchange rate registered a net change of 1.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.4196 was up 0.77% compared to the 2022 peak of 10.3399, 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 52,098 INR

2022 Average 48,727 INR

Yearly Trough Low 50,191 INR

Transaction Impact: A difference of 1,906.80 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.3893

10.1240

JanuMarcMayJulySeptNove

MOP to INR 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 10.1816, compared to 10.3055 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1238 points.

H1 Avg (Jan–Jun) 10.1816

H2 Avg (Jul–Dec) 10.3055

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.2694 INR (High: 10.3077 / Low: 10.0383). On the other end, June was the most stable month, with a tight range of 0.0843 INR (High: 10.2386 / Low: 10.1543).

January Spread (Volatile) ±0.2694

June Spread (Stable) ±0.0843

Growth Streaks & Declines

Trends

Between June and November, 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 0.0410 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0410

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 10.3672) against the same month in 2022 (average: 10.1246), the exchange rate shifted by +0.2425 (+2.40%).

2023 Avg (November) 10.3672

2022 Avg (November) 10.1246

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.3077	10.0383	10.1469
February	10.3016	10.0974	10.2228
March	10.3525	10.1035	10.1872
April	10.2446	10.1033	10.1461
May	10.3244	10.0779	10.1999
June	10.2386	10.1543	10.1869
July	10.3262	10.1630	10.2195
August	10.3539	10.2108	10.2784
September	10.3530	10.2364	10.2993
October	10.3772	10.2717	10.3319
November	10.4196	10.3221	10.3672
December	10.3668	10.2433	10.3365