2023 MOP to ISK Historical Review

YEARLY HIGH

17.9893 ISK

YEARLY LOW

16.1193 ISK

YEARLY AVERAGE

17.1081 ISK

2023 MOP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 17.9893. Conversely, the yearly low was recorded on August 30, dropping to 16.1193.

This high-to-low spread represents a total annual volatility of 1.8700 ISK. From a start-to-finish perspective, comparing the January average rate of 17.7419 to the December average rate of 17.1172, the exchange rate registered a net change of -3.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 17.9893 was down 2.31% compared to the 2022 peak of 18.4154, 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 89,947 ISK

2022 Average 83,874 ISK

Yearly Trough Low 80,597 ISK

Transaction Impact: A difference of 9,349.99 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

17.8804

16.2190

JanuMarcMayJulySeptNove

MOP to ISK 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 17.3199, compared to 16.8964 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4235 points.

H1 Avg (Jan–Jun) 17.3199

H2 Avg (Jul–Dec) 16.8964

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.8330 ISK (High: 17.6299 / Low: 16.7968). On the other end, October was the most stable month, with a tight range of 0.2917 ISK (High: 17.3405 / Low: 17.0487).

March Spread (Volatile) ±0.8330

October Spread (Stable) ±0.2917

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.5911 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5911

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 17.7419) against the same month in 2022 (average: 16.0735), the exchange rate shifted by +1.6685 (+10.38%).

2023 Avg (January) 17.7419

2022 Avg (January) 16.0735

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.9893	17.4684	17.7419
February	17.9506	17.2575	17.7007
March	17.6299	16.7968	17.3317
April	17.0873	16.6885	16.8987
May	17.4605	16.7773	17.1561
June	17.4801	16.6849	17.0901
July	17.0030	16.2105	16.4990
August	16.5108	16.1193	16.3575
September	17.1074	16.3235	16.7832
October	17.3405	17.0487	17.2060
November	17.8655	17.0649	17.4154
December	17.3966	16.7643	17.1172