2023 MOP to SLL Historical Review

YEARLY HIGH

2625.4841 SLL

YEARLY LOW

2165.8716 SLL

YEARLY AVERAGE

2366.8738 SLL

2023 MOP to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 2625.4841. Conversely, the yearly low was recorded on February 5, dropping to 2165.8716.

This high-to-low spread represents a total annual volatility of 459.6126 SLL. From a start-to-finish perspective, comparing the January average rate of 2193.2429 to the December average rate of 2603.8142, the exchange rate registered a net change of 18.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2625.4841 was up 18.88% compared to the 2022 peak of 2208.5223, 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 13,127,421 SLL

2022 Average 8,510,433 SLL

Yearly Trough Low 10,829,358 SLL

Transaction Impact: A difference of 2,298,062.76 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2653.3537

2142.9040

JanuMarcMayJulySeptNove

MOP to SLL 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 2188.7611, compared to 2544.9866 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 356.2255 points.

H1 Avg (Jan–Jun) 2188.7611

H2 Avg (Jul–Dec) 2544.9866

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 433.5528 SLL (High: 2620.6532 / Low: 2187.1004). On the other end, January was the most stable month, with a tight range of 14.9615 SLL (High: 2202.9214 / Low: 2187.9599).

July Spread (Volatile) ±433.5528

January Spread (Stable) ±14.9615

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 7.8014 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -7.8014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 2601.8310) against the same month in 2022 (average: 1700.1089), the exchange rate shifted by +901.7221 (+53.04%).

2023 Avg (August) 2601.8310

2022 Avg (August) 1700.1089

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2202.9214	2187.9599	2193.2429
February	2198.7118	2165.8716	2185.4415
March	2215.7297	2182.9124	2188.2062
April	2213.8434	2181.3295	2187.0153
May	2199.8681	2178.2296	2188.7542
June	2203.9680	2179.9021	2189.9063
July	2620.6532	2187.1004	2249.6048
August	2625.4841	2592.5310	2601.8310
September	2612.4983	2592.3871	2600.6151
October	2610.9678	2593.9895	2603.2381
November	2623.2297	2601.8606	2610.8162
December	2612.3812	2591.3241	2603.8142