2023 MOP to LKR Historical Review

YEARLY HIGH

45.7817 LKR

YEARLY LOW

35.9497 LKR

YEARLY AVERAGE

40.7667 LKR

2023 MOP to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 45.7817. Conversely, the yearly low was recorded on June 2, dropping to 35.9497.

This high-to-low spread represents a total annual volatility of 9.8320 LKR. From a start-to-finish perspective, comparing the January average rate of 45.4066 to the December average rate of 40.5716, the exchange rate registered a net change of -10.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 45.7817 was down 0.44% compared to the 2022 peak of 45.9830, 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 228,908 LKR

2022 Average 200,879 LKR

Yearly Trough Low 179,748 LKR

Transaction Impact: A difference of 49,159.84 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

46.1952

36.7322

JanuMarcMayJulySeptNove

MOP to LKR 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 41.2943, compared to 40.2391 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0552 points.

H1 Avg (Jan–Jun) 41.2943

H2 Avg (Jul–Dec) 40.2391

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 5.5767 LKR (High: 45.1517 / Low: 39.5749). On the other end, November was the most stable month, with a tight range of 0.5312 LKR (High: 41.0353 / Low: 40.5041).

March Spread (Volatile) ±5.5767

November Spread (Stable) ±0.5312

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 3.7407 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -3.7407

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 45.4066) against the same month in 2022 (average: 25.2394), the exchange rate shifted by +20.1673 (+79.90%).

2023 Avg (January) 45.4066

2022 Avg (January) 25.2394

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	45.7817	45.1202	45.4066
February	45.5890	44.7714	45.1641
March	45.1517	39.5749	41.4234
April	40.8499	39.2669	39.8595
May	39.6278	36.4426	38.3915
June	39.6701	35.9497	37.5208
July	41.2651	37.9395	39.7080
August	40.2897	39.2087	39.9229
September	40.4545	39.6000	40.0814
October	40.7059	40.1397	40.3423
November	41.0353	40.5041	40.8083
December	40.7879	40.2321	40.5716