YEARLY HIGH
59.5454 KZT
YEARLY LOW
53.3177 KZT
YEARLY AVERAGE
56.6242 KZT

2023 MOP to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on October 19, valuing the pair at 59.5454. Conversely, the yearly low was recorded on March 5, dropping to 53.3177.

This high-to-low spread represents a total annual volatility of 6.2278 KZT. From a start-to-finish perspective, comparing the January average rate of 57.4310 to the December average rate of 57.0151, the exchange rate registered a net change of -0.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 59.5454 was down 8.60% compared to the 2022 peak of 65.1463, 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 297,727 KZT
2022 Average 286,206 KZT
Yearly Trough Low 266,588 KZT
Transaction Impact: A difference of 31,138.75 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

59.5318
54.8874
JanuMarcMayJulySeptNove

MOP to KZT 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 55.9968, compared to 57.2515 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2547 points.

H1 Avg (Jan–Jun) 55.9968
H2 Avg (Jul–Dec) 57.2515

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 4.2072 KZT (High: 57.5248 / Low: 53.3177). On the other end, January was the most stable month, with a tight range of 0.8417 KZT (High: 57.8203 / Low: 56.9786).

March Spread (Volatile) ±4.2072
January Spread (Stable) ±0.8417

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 January and February, when the average rate fell by 1.5749 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.5749

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 59.1448) against the same month in 2022 (average: 58.4403), the exchange rate shifted by +0.7046 (+1.21%).

2023 Avg (October) 59.1448
2022 Avg (October) 58.4403

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 57.8203 56.9786 57.4310
February 57.2108 55.0158 55.8561
March 57.5248 53.3177 55.8980
April 56.6017 54.7703 55.9083
May 55.8830 54.6573 55.2744
June 56.3211 55.0138 55.6132
July 55.9397 54.7704 55.3416
August 57.5504 55.2938 56.2257
September 59.5332 56.6247 58.1162
October 59.5454 58.2044 59.1448
November 58.3400 56.9900 57.6656
December 57.4009 56.3745 57.0151