2023 MOP to KPW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 MOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |