2023 MOP to MDL Historical Review

YEARLY HIGH

2.3880 MDL

YEARLY LOW

2.1378 MDL

YEARLY AVERAGE

2.2455 MDL

2023 MOP to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 2.3880. Conversely, the yearly low was recorded on December 28, dropping to 2.1378.

This high-to-low spread represents a total annual volatility of 0.2501 MDL. From a start-to-finish perspective, comparing the January average rate of 2.3579 to the December average rate of 2.1862, the exchange rate registered a net change of -7.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.3880 was down 2.23% compared to the 2022 peak of 2.4425, 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 11,940 MDL

2022 Average 11,698 MDL

Yearly Trough Low 10,689 MDL

Transaction Impact: A difference of 1,250.69 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.3751

2.1690

JanuMarcMayJulySeptNove

MOP to MDL 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 2.2731, compared to 2.2179 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0552 points.

H1 Avg (Jan–Jun) 2.2731

H2 Avg (Jul–Dec) 2.2179

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.1286 MDL (High: 2.2766 / Low: 2.1481). On the other end, February was the most stable month, with a tight range of 0.0311 MDL (High: 2.3431 / Low: 2.3120).

July Spread (Volatile) ±0.1286

February Spread (Stable) ±0.0311

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0716 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0716

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.3579) against the same month in 2022 (average: 2.2330), the exchange rate shifted by +0.1249 (+5.59%).

2023 Avg (January) 2.3579

2022 Avg (January) 2.2330

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3880	2.3205	2.3579
February	2.3431	2.3120	2.3223
March	2.3353	2.2651	2.3048
April	2.2688	2.2109	2.2332
May	2.2220	2.1886	2.2014
June	2.2670	2.1931	2.2189
July	2.2766	2.1481	2.2253
August	2.2101	2.1714	2.1935
September	2.2624	2.1984	2.2292
October	2.2637	2.2323	2.2509
November	2.2502	2.1963	2.2221
December	2.2290	2.1378	2.1862