2023 MOP to JPY Historical Review

YEARLY HIGH

18.9067 JPY

YEARLY LOW

15.8944 JPY

YEARLY AVERAGE

17.4298 JPY

2023 MOP to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 11, valuing the pair at 18.9067. Conversely, the yearly low was recorded on January 13, dropping to 15.8944.

This high-to-low spread represents a total annual volatility of 3.0123 JPY. From a start-to-finish perspective, comparing the January average rate of 16.1625 to the December average rate of 17.8399, the exchange rate registered a net change of 10.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 18.9067 was up 1.70% compared to the 2022 peak of 18.5912, 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 94,533 JPY

2022 Average 81,476 JPY

Yearly Trough Low 79,472 JPY

Transaction Impact: A difference of 15,061.48 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

18.9004

15.9136

JanuMarcMayJulySeptNove

MOP to JPY 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 16.7085, compared to 18.1512 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4428 points.

H1 Avg (Jan–Jun) 16.7085

H2 Avg (Jul–Dec) 18.1512

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.9710 JPY (High: 16.8935 / Low: 15.9224). On the other end, October was the most stable month, with a tight range of 0.3884 JPY (High: 18.7832 / Low: 18.3947).

February Spread (Volatile) ±0.9710

October Spread (Stable) ±0.3884

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.8116 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.8116

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 18.6515) against the same month in 2022 (average: 17.6053), the exchange rate shifted by +1.0462 (+5.94%).

2023 Avg (November) 18.6515

2022 Avg (November) 17.6053

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.5679	15.8944	16.1625
February	16.8935	15.9224	16.4791
March	16.9972	16.1571	16.5484
April	17.0950	16.1814	16.5357
May	17.4293	16.6003	17.0045
June	17.9469	17.2052	17.5207
July	18.0050	17.1363	17.5520
August	18.1423	17.6174	17.9661
September	18.5431	18.0916	18.3313
October	18.7832	18.3947	18.5665
November	18.9067	18.3032	18.6515
December	18.2896	17.4789	17.8399