2023 MOP to MGA Historical Review

YEARLY HIGH

572.6602 MGA

YEARLY LOW

527.7803 MGA

YEARLY AVERAGE

552.0452 MGA

2023 MOP to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 572.6602. Conversely, the yearly low was recorded on January 26, dropping to 527.7803.

This high-to-low spread represents a total annual volatility of 44.8799 MGA. From a start-to-finish perspective, comparing the January average rate of 546.1499 to the December average rate of 569.0063, the exchange rate registered a net change of 4.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 572.6602 was up 2.62% compared to the 2022 peak of 558.0553, 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 2,863,301 MGA

2022 Average 2,560,125 MGA

Yearly Trough Low 2,638,901 MGA

Transaction Impact: A difference of 224,399.64 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

572.7323

528.0204

JanuMarcMayJulySeptNove

MOP to MGA 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 542.3265, compared to 561.7640 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 19.4375 points.

H1 Avg (Jan–Jun) 542.3265

H2 Avg (Jul–Dec) 561.7640

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 36.8037 MGA (High: 564.5840 / Low: 527.7803). On the other end, October was the most stable month, with a tight range of 4.6709 MGA (High: 564.2653 / Low: 559.5944).

January Spread (Volatile) ±36.8037

October Spread (Stable) ±4.6709

Growth Streaks & Declines

Trends

Between February and July, 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 January and February, when the average rate fell by 14.4035 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -14.4035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 569.0063) against the same month in 2022 (average: 551.0998), the exchange rate shifted by +17.9065 (+3.25%).

2023 Avg (December) 569.0063

2022 Avg (December) 551.0998

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	564.5840	527.7803	546.1499
February	534.2901	527.8668	531.7464
March	540.0386	531.0380	533.8888
April	546.2132	535.7830	541.9774
May	547.6665	541.4638	545.3557
June	563.1766	545.0730	554.8408
July	568.0312	549.8314	559.5772
August	561.6419	552.3574	558.5463
September	563.7973	554.2530	559.2856
October	564.2653	559.5944	562.1154
November	565.1084	557.2118	562.0530
December	572.6602	558.9559	569.0063