2023 MOP to STD Historical Review

YEARLY HIGH

2862.8244 STD

YEARLY LOW

2753.4927 STD

YEARLY AVERAGE

2802.6800 STD

2023 MOP to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 2862.8244. Conversely, the yearly low was recorded on December 28, dropping to 2753.4927.

This high-to-low spread represents a total annual volatility of 109.3317 STD. From a start-to-finish perspective, comparing the January average rate of 2833.7704 to the December average rate of 2766.7645, the exchange rate registered a net change of -2.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2862.8244 was down 2.28% compared to the 2022 peak of 2929.7065, 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 14,314,122 STD

2022 Average 13,744,298 STD

Yearly Trough Low 13,767,464 STD

Transaction Impact: A difference of 546,658.33 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2840.8110

2756.3246

JanuMarcMayJulySeptNove

MOP to STD 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 2827.9797, compared to 2777.3803 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 50.5994 points.

H1 Avg (Jan–Jun) 2827.9797

H2 Avg (Jul–Dec) 2777.3803

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 85.6079 STD (High: 2857.5573 / Low: 2771.9494). On the other end, October was the most stable month, with a tight range of 18.0409 STD (High: 2774.3658 / Low: 2756.3249).

July Spread (Volatile) ±85.6079

October Spread (Stable) ±18.0409

Growth Streaks & Declines

Trends

Between April and June, 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 July and August, when the average rate fell by 64.4810 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -64.4810

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 2827.2628) against the same month in 2022 (average: 2656.5409), the exchange rate shifted by +170.7219 (+6.43%).

2023 Avg (March) 2827.2628

2022 Avg (March) 2656.5409

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2846.2756	2826.9446	2833.7704
February	2840.8365	2798.4054	2823.6907
March	2862.8244	2820.4229	2827.2628
April	2860.3872	2818.3779	2825.7241
May	2842.3305	2814.3726	2827.9708
June	2847.6278	2816.5335	2829.4594
July	2857.5573	2771.9494	2829.1382
August	2789.7905	2754.7751	2764.6572
September	2775.9921	2754.6222	2763.3651
October	2774.3658	2756.3249	2766.1523
November	2787.3950	2764.6885	2774.2047
December	2775.8676	2753.4927	2766.7645