2023 MOP to QAR Historical Review

YEARLY HIGH

0.4567 QAR

YEARLY LOW

0.4451 QAR

YEARLY AVERAGE

0.4520 QAR

2023 MOP to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.4567. Conversely, the yearly low was recorded on April 29, dropping to 0.4451.

This high-to-low spread represents a total annual volatility of 0.0116 QAR. From a start-to-finish perspective, comparing the January average rate of 0.4524 to the December average rate of 0.4526, the exchange rate registered a net change of 0.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4567 was down 0.42% compared to the 2022 peak of 0.4586, 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 2,283 QAR

2022 Average 2,259 QAR

Yearly Trough Low 2,226 QAR

Transaction Impact: A difference of 57.76 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4533

0.4510

JanuMarcMayJulySeptNove

MOP to QAR 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 0.4516, compared to 0.4524 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.4516

H2 Avg (Jul–Dec) 0.4524

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0096 QAR (High: 0.4547 / Low: 0.4451). On the other end, October was the most stable month, with a tight range of 0.0026 QAR (High: 0.4534 / Low: 0.4507).

April Spread (Volatile) ±0.0096

October Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0012 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.4517) against the same month in 2022 (average: 0.4520), the exchange rate shifted by -0.0002 (-0.05%).

2023 Avg (March) 0.4517

2022 Avg (March) 0.4520

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4545	0.4511	0.4524
February	0.4557	0.4481	0.4512
March	0.4567	0.4500	0.4517
April	0.4547	0.4451	0.4513
May	0.4533	0.4490	0.4511
June	0.4538	0.4498	0.4515
July	0.4558	0.4508	0.4526
August	0.4559	0.4509	0.4521
September	0.4536	0.4504	0.4517
October	0.4534	0.4507	0.4523
November	0.4555	0.4493	0.4531
December	0.4539	0.4499	0.4526