YEARLY HIGH
58.3548 KMF
YEARLY LOW
54.3845 KMF
YEARLY AVERAGE
56.5119 KMF

2023 MOP to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 58.3548. Conversely, the yearly low was recorded on July 17, dropping to 54.3845.

This high-to-low spread represents a total annual volatility of 3.9704 KMF. From a start-to-finish perspective, comparing the January average rate of 56.7465 to the December average rate of 56.0193, the exchange rate registered a net change of -1.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 58.3548 was down 8.05% compared to the 2022 peak of 63.4652, 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 291,774 KMF
2022 Average 289,754 KMF
Yearly Trough Low 271,922 KMF
Transaction Impact: A difference of 19,851.79 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

58.1296
55.1499
JanuMarcMayJulySeptNove

MOP to KMF 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 56.4756, compared to 56.5482 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0727 points.

H1 Avg (Jan–Jun) 56.4756
H2 Avg (Jul–Dec) 56.5482

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 2.3287 KMF (High: 58.0692 / Low: 55.7405). On the other end, August was the most stable month, with a tight range of 0.7220 KMF (High: 56.3470 / Low: 55.6250).

November Spread (Volatile) ±2.3287
August Spread (Stable) ±0.7220

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 1.4833 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.4833

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 57.8813) against the same month in 2022 (average: 61.8871), the exchange rate shifted by -4.0059 (-6.47%).

2023 Avg (October) 57.8813
2022 Avg (October) 61.8871

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 58.1646 55.8881 56.7465
February 57.7907 55.8487 56.9271
March 57.9164 55.8771 57.0602
April 56.1993 55.0604 55.5769
May 57.1944 55.1123 56.1583
June 57.2103 55.7152 56.3844
July 56.2831 54.3845 55.3982
August 56.3470 55.6250 56.0136
September 58.2174 56.2501 57.1633
October 58.3548 57.5564 57.8813
November 58.0692 55.7405 56.8138
December 56.8855 55.0097 56.0193