2023 MOP to IQD Historical Review

YEARLY HIGH

183.0979 IQD

YEARLY LOW

161.1962 IQD

YEARLY AVERAGE

168.6287 IQD

2023 MOP to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 183.0979. Conversely, the yearly low was recorded on July 8, dropping to 161.1962.

This high-to-low spread represents a total annual volatility of 21.9017 IQD. From a start-to-finish perspective, comparing the January average rate of 181.2322 to the December average rate of 162.7484, the exchange rate registered a net change of -10.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 183.0979 was up 0.36% compared to the 2022 peak of 182.4439, 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 915,490 IQD

2022 Average 904,926 IQD

Yearly Trough Low 805,981 IQD

Transaction Impact: A difference of 109,508.64 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

183.1200

160.4664

JanuMarcMayJulySeptNove

MOP to IQD 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 174.6390, compared to 162.6183 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.0206 points.

H1 Avg (Jan–Jun) 174.6390

H2 Avg (Jul–Dec) 162.6183

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 19.9906 IQD (High: 183.0979 / Low: 163.1073). On the other end, September was the most stable month, with a tight range of 0.6334 IQD (High: 162.7002 / Low: 162.0668).

April Spread (Volatile) ±19.9906

September Spread (Stable) ±0.6334

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 16.1661 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -16.1661

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 179.6305) against the same month in 2022 (average: 180.6652), the exchange rate shifted by -1.0347 (-0.57%).

2023 Avg (April) 179.6305

2022 Avg (April) 180.6652

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	181.8655	180.7958	181.2322
February	182.2942	178.9704	180.5967
March	180.9472	180.1496	180.5558
April	183.0979	163.1073	179.6305
May	180.9642	161.5330	163.4644
June	162.7387	161.4287	162.3542
July	164.0116	161.1962	162.7074
August	163.9125	161.5937	162.5011
September	162.7002	162.0668	162.4070
October	162.7687	162.1182	162.5229
November	163.2950	161.2763	162.8233
December	163.0629	161.8844	162.7484