2023 MOP to MYR Historical Review

YEARLY HIGH

0.5945 MYR

YEARLY LOW

0.5221 MYR

YEARLY AVERAGE

0.5656 MYR

2023 MOP to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 0.5945. Conversely, the yearly low was recorded on February 5, dropping to 0.5221.

This high-to-low spread represents a total annual volatility of 0.0724 MYR. From a start-to-finish perspective, comparing the January average rate of 0.5374 to the December average rate of 0.5783, the exchange rate registered a net change of 7.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5945 was up 0.06% compared to the 2022 peak of 0.5942, 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 2,972 MYR

2022 Average 2,727 MYR

Yearly Trough Low 2,610 MYR

Transaction Impact: A difference of 362.12 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5943

0.5323

JanuMarcMayJulySeptNove

MOP to MYR 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 0.5521, compared to 0.5792 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0271 points.

H1 Avg (Jan–Jun) 0.5521

H2 Avg (Jul–Dec) 0.5792

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0330 MYR (High: 0.5551 / Low: 0.5221). On the other end, September was the most stable month, with a tight range of 0.0094 MYR (High: 0.5845 / Low: 0.5751).

February Spread (Volatile) ±0.0330

September Spread (Stable) ±0.0094

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 March and April, when the average rate fell by 0.0059 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.5891) against the same month in 2022 (average: 0.5805), the exchange rate shifted by +0.0086 (+1.48%).

2023 Avg (October) 0.5891

2022 Avg (October) 0.5805

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5487	0.5258	0.5374
February	0.5551	0.5221	0.5401
March	0.5626	0.5461	0.5537
April	0.5590	0.5436	0.5478
May	0.5735	0.5471	0.5598
June	0.5835	0.5649	0.5739
July	0.5836	0.5626	0.5710
August	0.5783	0.5631	0.5720
September	0.5845	0.5751	0.5805
October	0.5945	0.5808	0.5891
November	0.5925	0.5753	0.5840
December	0.5843	0.5694	0.5783