2023 MOP to PEN Historical Review

YEARLY HIGH

0.4833 PEN

YEARLY LOW

0.4423 PEN

YEARLY AVERAGE

0.4640 PEN

2023 MOP to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 0.4833. Conversely, the yearly low was recorded on July 17, dropping to 0.4423.

This high-to-low spread represents a total annual volatility of 0.0410 PEN. From a start-to-finish perspective, comparing the January average rate of 0.4747 to the December average rate of 0.4639, the exchange rate registered a net change of -2.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4833 was down 2.71% compared to the 2022 peak of 0.4967, 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 2,416 PEN

2022 Average 2,376 PEN

Yearly Trough Low 2,211 PEN

Transaction Impact: A difference of 204.85 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4795

0.4445

JanuMarcMayJulySeptNove

MOP to PEN 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 0.4651, compared to 0.4629 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.4651

H2 Avg (Jul–Dec) 0.4629

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0178 PEN (High: 0.4815 / Low: 0.4636). On the other end, March was the most stable month, with a tight range of 0.0066 PEN (High: 0.4710 / Low: 0.4643).

November Spread (Volatile) ±0.0178

March Spread (Stable) ±0.0066

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 April and May, when the average rate fell by 0.0087 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0087

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.4747) against the same month in 2022 (average: 0.4852), the exchange rate shifted by -0.0105 (-2.16%).

2023 Avg (January) 0.4747

2022 Avg (January) 0.4852

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4833	0.4692	0.4747
February	0.4820	0.4705	0.4748
March	0.4710	0.4643	0.4679
April	0.4679	0.4582	0.4651
May	0.4600	0.4515	0.4564
June	0.4581	0.4472	0.4520
July	0.4518	0.4423	0.4474
August	0.4627	0.4490	0.4580
September	0.4704	0.4570	0.4618
October	0.4812	0.4696	0.4766
November	0.4815	0.4636	0.4695
December	0.4705	0.4577	0.4639