2023 MOP to PGK Historical Review

YEARLY HIGH

0.4723 PGK

YEARLY LOW

0.4340 PGK

YEARLY AVERAGE

0.4468 PGK

2023 MOP to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.4723. Conversely, the yearly low was recorded on May 6, dropping to 0.4340.

This high-to-low spread represents a total annual volatility of 0.0382 PGK. From a start-to-finish perspective, comparing the January average rate of 0.4374 to the December average rate of 0.4645, the exchange rate registered a net change of 6.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4723 was up 6.07% compared to the 2022 peak of 0.4452, 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 2,361 PGK

2022 Average 2,187 PGK

Yearly Trough Low 2,170 PGK

Transaction Impact: A difference of 191.04 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4702

0.4332

JanuMarcMayJulySeptNove

MOP to PGK 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 0.4375, compared to 0.4561 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0186 points.

H1 Avg (Jan–Jun) 0.4375

H2 Avg (Jul–Dec) 0.4561

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0165 PGK (High: 0.4530 / Low: 0.4366). On the other end, January was the most stable month, with a tight range of 0.0025 PGK (High: 0.4388 / Low: 0.4362).

August Spread (Volatile) ±0.0165

January Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0026 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.4671) against the same month in 2022 (average: 0.4370), the exchange rate shifted by +0.0302 (+6.90%).

2023 Avg (November) 0.4671

2022 Avg (November) 0.4370

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4388	0.4362	0.4374
February	0.4417	0.4353	0.4366
March	0.4417	0.4352	0.4363
April	0.4414	0.4350	0.4366
May	0.4458	0.4340	0.4377
June	0.4468	0.4355	0.4405
July	0.4497	0.4361	0.4440
August	0.4530	0.4366	0.4489
September	0.4578	0.4423	0.4520
October	0.4672	0.4523	0.4602
November	0.4723	0.4610	0.4671
December	0.4704	0.4593	0.4645