YEARLY HIGH
11.1711 KGS
YEARLY LOW
10.4368 KGS
YEARLY AVERAGE
10.8976 KGS

2023 MOP to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 11.1711. Conversely, the yearly low was recorded on January 4, dropping to 10.4368.

This high-to-low spread represents a total annual volatility of 0.7343 KGS. From a start-to-finish perspective, comparing the January average rate of 10.6259 to the December average rate of 11.0678, the exchange rate registered a net change of 4.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.1711 was down 12.69% compared to the 2022 peak of 12.7943, 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 55,856 KGS
2022 Average 52,243 KGS
Yearly Trough Low 52,184 KGS
Transaction Impact: A difference of 3,671.59 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.1486
10.5783
JanuMarcMayJulySeptNove

MOP to KGS 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 10.7874, compared to 11.0078 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2204 points.

H1 Avg (Jan–Jun) 10.7874
H2 Avg (Jul–Dec) 11.0078

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.3060 KGS (High: 10.8809 / Low: 10.5749). On the other end, June was the most stable month, with a tight range of 0.0892 KGS (High: 10.8918 / Low: 10.8025).

February Spread (Volatile) ±0.3060
June Spread (Stable) ±0.0892

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0333 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0333

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 11.1011) against the same month in 2022 (average: 10.4269), the exchange rate shifted by +0.6742 (+6.47%).

2023 Avg (November) 11.1011
2022 Avg (November) 10.4269

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.6848 10.4368 10.6259
February 10.8809 10.5749 10.7592
March 10.9651 10.8026 10.8289
April 10.9683 10.7949 10.8304
May 10.8991 10.7919 10.8379
June 10.8918 10.8025 10.8418
July 11.0006 10.8025 10.9065
August 10.9972 10.8852 10.9284
September 11.0520 10.9125 10.9810
October 11.1122 10.9737 11.0621
November 11.1711 11.0511 11.1011
December 11.1038 11.0060 11.0678