2023 MOP to MMK Historical Review

YEARLY HIGH

261.7093 MMK

YEARLY LOW

258.9407 MMK

YEARLY AVERAGE

260.4029 MMK

2023 MOP to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 261.7093. Conversely, the yearly low was recorded on May 6, dropping to 258.9407.

This high-to-low spread represents a total annual volatility of 2.7686 MMK. From a start-to-finish perspective, comparing the January average rate of 260.7346 to the December average rate of 261.0301, the exchange rate registered a net change of 0.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 261.7093 was down 0.29% compared to the 2022 peak of 262.4825, 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 1,308,547 MMK

2022 Average 1,195,742 MMK

Yearly Trough Low 1,294,704 MMK

Transaction Impact: A difference of 13,843.16 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

261.2913

259.5805

JanuMarcMayJulySeptNove

MOP to MMK 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 260.0675, compared to 260.7384 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6708 points.

H1 Avg (Jan–Jun) 260.0675

H2 Avg (Jul–Dec) 260.7384

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 1.8720 MMK (High: 260.8127 / Low: 258.9407). On the other end, April was the most stable month, with a tight range of 0.0896 MMK (High: 259.7603 / Low: 259.6707).

May Spread (Volatile) ±1.8720

April Spread (Stable) ±0.0896

Growth Streaks & Declines

Trends

Between 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 0.9004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.9004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 261.1488) against the same month in 2022 (average: 260.3761), the exchange rate shifted by +0.7727 (+0.30%).

2023 Avg (November) 261.1488

2022 Avg (November) 260.3761

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	261.6088	260.1347	260.7346
February	260.3328	259.7261	259.8342
March	259.9707	259.6562	259.7477
April	259.7603	259.6707	259.7231
May	260.8127	258.9407	260.0764
June	260.8565	259.9834	260.2891
July	261.4196	260.1635	260.7957
August	261.5943	259.7971	260.5557
September	260.7828	259.8772	260.3842
October	260.7722	259.8947	260.5157
November	261.7093	260.4946	261.1488
December	261.3923	260.7843	261.0301