2023 MOP to NZD Historical Review

YEARLY HIGH

0.2143 NZD

YEARLY LOW

0.1900 NZD

YEARLY AVERAGE

0.2021 NZD

2023 MOP to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 0.2143. Conversely, the yearly low was recorded on February 1, dropping to 0.1900.

This high-to-low spread represents a total annual volatility of 0.0242 NZD. From a start-to-finish perspective, comparing the January average rate of 0.1938 to the December average rate of 0.1994, the exchange rate registered a net change of 2.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2143 was down 3.60% compared to the 2022 peak of 0.2223, 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 1,071 NZD

2022 Average 978 NZD

Yearly Trough Low 950 NZD

Transaction Impact: A difference of 121.18 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2123

0.1922

JanuMarcMayJulySeptNove

MOP to NZD 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 0.1986, compared to 0.2056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0071 points.

H1 Avg (Jan–Jun) 0.1986

H2 Avg (Jul–Dec) 0.2056

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0114 NZD (High: 0.2058 / Low: 0.1944). On the other end, September was the most stable month, with a tight range of 0.0047 NZD (High: 0.2111 / Low: 0.2063).

May Spread (Volatile) ±0.0114

September Spread (Stable) ±0.0047

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 November and December, when the average rate fell by 0.0082 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.2106) against the same month in 2022 (average: 0.2175), the exchange rate shifted by -0.0069 (-3.17%).

2023 Avg (October) 0.2106

2022 Avg (October) 0.2175

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1996	0.1908	0.1938
February	0.2012	0.1900	0.1970
March	0.2029	0.1973	0.1996
April	0.2031	0.1955	0.1994
May	0.2058	0.1944	0.1996
June	0.2050	0.1988	0.2021
July	0.2034	0.1942	0.1998
August	0.2099	0.2028	0.2072
September	0.2111	0.2063	0.2092
October	0.2143	0.2054	0.2106
November	0.2120	0.2019	0.2076
December	0.2030	0.1951	0.1994