2023 MOP to NPR Historical Review

YEARLY HIGH

16.6221 NPR

YEARLY LOW

16.0953 NPR

YEARLY AVERAGE

16.3850 NPR

2023 MOP to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 16.6221. Conversely, the yearly low was recorded on January 22, dropping to 16.0953.

This high-to-low spread represents a total annual volatility of 0.5268 NPR. From a start-to-finish perspective, comparing the January average rate of 16.2546 to the December average rate of 16.5537, the exchange rate registered a net change of 1.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 16.6221 was up 0.57% compared to the 2022 peak of 16.5281, 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 83,111 NPR

2022 Average 77,939 NPR

Yearly Trough Low 80,477 NPR

Transaction Impact: A difference of 2,634.19 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

16.6083

16.1871

JanuMarcMayJulySeptNove

MOP to NPR 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 16.2889, compared to 16.4811 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1922 points.

H1 Avg (Jan–Jun) 16.2889

H2 Avg (Jul–Dec) 16.4811

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.3916 NPR (High: 16.4869 / Low: 16.0953). On the other end, October was the most stable month, with a tight range of 0.0702 NPR (High: 16.5420 / Low: 16.4717).

January Spread (Volatile) ±0.3916

October Spread (Stable) ±0.0702

Growth Streaks & Declines

Trends

Between June and November, 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 March and April, when the average rate fell by 0.0711 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0711

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 16.5732) against the same month in 2022 (average: 16.2144), the exchange rate shifted by +0.3587 (+2.21%).

2023 Avg (November) 16.5732

2022 Avg (November) 16.2144

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.4869	16.0953	16.2546
February	16.4012	16.2018	16.3489
March	16.3813	16.1431	16.2934
April	16.2973	16.1787	16.2222
May	16.4349	16.1656	16.3123
June	16.3973	16.2525	16.3020
July	16.4827	16.2460	16.3328
August	16.5542	16.3415	16.4394
September	16.5309	16.3836	16.4712
October	16.5420	16.4717	16.5161
November	16.6221	16.5178	16.5732
December	16.5902	16.5192	16.5537