YEARLY HIGH
112.8874 KPW
YEARLY LOW
110.3473 KPW
YEARLY AVERAGE
111.6508 KPW

2023 MOP to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 112.8874. Conversely, the yearly low was recorded on February 5, dropping to 110.3473.

This high-to-low spread represents a total annual volatility of 2.5402 KPW. From a start-to-finish perspective, comparing the January average rate of 111.7418 to the December average rate of 111.7543, 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 112.8874 was up 0.14% compared to the 2022 peak of 112.7289, 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 564,437 KPW
2022 Average 557,939 KPW
Yearly Trough Low 551,736 KPW
Transaction Impact: A difference of 12,700.90 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

112.1259
111.2733
JanuMarcMayJulySeptNove

MOP to KPW 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 111.5134, compared to 111.7881 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2746 points.

H1 Avg (Jan–Jun) 111.5134
H2 Avg (Jul–Dec) 111.7881

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.6731 KPW (High: 112.0204 / Low: 110.3473). On the other end, October was the most stable month, with a tight range of 0.7287 KPW (High: 112.0614 / Low: 111.3327).

February Spread (Volatile) ±1.6731
October Spread (Stable) ±0.7287

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 January and February, when the average rate fell by 0.3975 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3975

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 111.4852) against the same month in 2022 (average: 111.7036), the exchange rate shifted by -0.2185 (-0.20%).

2023 Avg (March) 111.4852
2022 Avg (March) 111.7036

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 112.2349 111.4726 111.7418
February 112.0204 110.3473 111.3443
March 112.8874 111.2155 111.4852
April 112.7913 111.1348 111.4245
May 112.0793 110.9769 111.5131
June 112.2882 111.0621 111.5718
July 112.6798 111.4288 111.9033
August 112.6844 111.2701 111.6692
September 112.1271 111.2639 111.6170
October 112.0614 111.3327 111.7296
November 112.5876 111.6705 112.0549
December 112.1220 111.2183 111.7543