2023 MOP to MXN Historical Review

YEARLY HIGH

2.4287 MXN

YEARLY LOW

2.0700 MXN

YEARLY AVERAGE

2.2003 MXN

2023 MOP to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.4287. Conversely, the yearly low was recorded on August 27, dropping to 2.0700.

This high-to-low spread represents a total annual volatility of 0.3587 MXN. From a start-to-finish perspective, comparing the January average rate of 2.3546 to the December average rate of 2.1316, the exchange rate registered a net change of -9.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.4287 was down 8.60% compared to the 2022 peak of 2.6573, 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 12,143 MXN

2022 Average 12,465 MXN

Yearly Trough Low 10,350 MXN

Transaction Impact: A difference of 1,793.42 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.3797

2.0787

JanuMarcMayJulySeptNove

MOP to MXN 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 2.2511, compared to 2.1495 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1016 points.

H1 Avg (Jan–Jun) 2.2511

H2 Avg (Jul–Dec) 2.1495

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1521 MXN (High: 2.3724 / Low: 2.2203). On the other end, April was the most stable month, with a tight range of 0.0372 MXN (High: 2.2630 / Low: 2.2257).

March Spread (Volatile) ±0.1521

April Spread (Stable) ±0.0372

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 October and November, when the average rate fell by 0.0821 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0821

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.3546) against the same month in 2022 (average: 2.5548), the exchange rate shifted by -0.2002 (-7.83%).

2023 Avg (January) 2.3546

2022 Avg (January) 2.5548

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4287	2.3137	2.3546
February	2.3728	2.2643	2.3007
March	2.3724	2.2203	2.2802
April	2.2630	2.2257	2.2369
May	2.2273	2.1604	2.1965
June	2.1767	2.1171	2.1379
July	2.1437	2.0778	2.1038
August	2.1572	2.0700	2.1077
September	2.1941	2.1150	2.1452
October	2.2765	2.1537	2.2455
November	2.2124	2.1326	2.1634
December	2.1698	2.0966	2.1316