2023 MOP to JOD Historical Review

YEARLY HIGH

0.0890 JOD

YEARLY LOW

0.0870 JOD

YEARLY AVERAGE

0.0880 JOD

2023 MOP to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0890. Conversely, the yearly low was recorded on February 5, dropping to 0.0870.

This high-to-low spread represents a total annual volatility of 0.0021 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0881 to the December average rate of 0.0881, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0890 was up 0.27% compared to the 2022 peak of 0.0888, 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 445 JOD

2022 Average 440 JOD

Yearly Trough Low 435 JOD

Transaction Impact: A difference of 10.32 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0884

0.0877

JanuMarcMayJulySeptNove

MOP to JOD 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 0.0879, compared to 0.0881 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0879

H2 Avg (Jul–Dec) 0.0881

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0014 JOD (High: 0.0884 / Low: 0.0870). On the other end, October was the most stable month, with a tight range of 0.0006 JOD (High: 0.0884 / Low: 0.0878).

February Spread (Volatile) ±0.0014

October Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between April and July, 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 July and August, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0879) against the same month in 2022 (average: 0.0880), the exchange rate shifted by -0.0001 (-0.13%).

2023 Avg (March) 0.0879

2022 Avg (March) 0.0880

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0885	0.0879	0.0881
February	0.0884	0.0870	0.0878
March	0.0890	0.0877	0.0879
April	0.0889	0.0876	0.0878
May	0.0884	0.0875	0.0879
June	0.0885	0.0875	0.0879
July	0.0888	0.0878	0.0882
August	0.0887	0.0875	0.0878
September	0.0884	0.0875	0.0879
October	0.0884	0.0878	0.0881
November	0.0887	0.0880	0.0883
December	0.0884	0.0877	0.0881