2023 MOP to IRR Historical Review

YEARLY HIGH

5299.4383 IRR

YEARLY LOW

5144.8272 IRR

YEARLY AVERAGE

5237.5904 IRR

2023 MOP to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 5299.4383. Conversely, the yearly low was recorded on March 26, dropping to 5144.8272.

This high-to-low spread represents a total annual volatility of 154.6111 IRR. From a start-to-finish perspective, comparing the January average rate of 5206.5804 to the December average rate of 5243.7968, the exchange rate registered a net change of 0.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 5299.4383 was down 0.14% compared to the 2022 peak of 5306.6891, 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 26,497,192 IRR

2022 Average 26,202,969 IRR

Yearly Trough Low 25,724,136 IRR

Transaction Impact: A difference of 773,055.45 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

5266.5320

5201.1302

JanuMarcMayJulySeptNove

MOP to IRR 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 5227.1034, compared to 5248.0774 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.9740 points.

H1 Avg (Jan–Jun) 5227.1034

H2 Avg (Jul–Dec) 5248.0774

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 154.6111 IRR (High: 5299.4383 / Low: 5144.8272). On the other end, October was the most stable month, with a tight range of 35.7547 IRR (High: 5260.6591 / Low: 5224.9044).

March Spread (Volatile) ±154.6111

October Spread (Stable) ±35.7547

Growth Streaks & Declines

Trends

Between March and July, 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 November and December, when the average rate fell by 17.2850 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -17.2850

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 5222.8726) against the same month in 2022 (average: 5247.7534), the exchange rate shifted by -24.8809 (-0.47%).

2023 Avg (March) 5222.8726

2022 Avg (March) 5247.7534

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5232.6502	5161.3310	5206.5804
February	5241.6046	5160.2294	5223.1025
March	5299.4383	5144.8272	5222.8726
April	5294.9268	5220.2495	5231.7921
May	5261.5016	5212.8309	5237.5970
June	5274.4268	5219.9184	5240.6761
July	5292.6710	5220.7722	5252.5042
August	5297.7322	5223.5119	5245.9076
September	5264.0543	5224.9044	5240.0889
October	5260.6591	5224.9044	5245.0851
November	5286.9284	5239.5177	5261.0818
December	5265.0640	5192.3489	5243.7968