YEARLY HIGH
1.0905 SVC
YEARLY LOW
1.0790 SVC
YEARLY AVERAGE
1.0850 SVC

2023 MOP to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 1.0905. Conversely, the yearly low was recorded on May 6, dropping to 1.0790.

This high-to-low spread represents a total annual volatility of 0.0115 SVC. From a start-to-finish perspective, comparing the January average rate of 1.0864 to the December average rate of 1.0876, the exchange rate registered a net change of 0.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0905 was down 0.28% compared to the 2022 peak of 1.0936, 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 5,453 SVC
2022 Average 5,425 SVC
Yearly Trough Low 5,395 SVC
Transaction Impact: A difference of 57.72 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0887
1.0815
JanuMarcMayJulySeptNove

MOP to SVC 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 1.0836, compared to 1.0864 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 1.0836
H2 Avg (Jul–Dec) 1.0864

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0078 SVC (High: 1.0867 / Low: 1.0790). On the other end, April was the most stable month, with a tight range of 0.0017 SVC (High: 1.0823 / Low: 1.0807).

May Spread (Volatile) ±0.0078
April Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between April and July, 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 January and February, when the average rate fell by 0.0038 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 1.0881) against the same month in 2022 (average: 1.0851), the exchange rate shifted by +0.0030 (+0.28%).

2023 Avg (November) 1.0881
2022 Avg (November) 1.0851

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0901 1.0840 1.0864
February 1.0848 1.0822 1.0826
March 1.0832 1.0807 1.0822
April 1.0823 1.0807 1.0821
May 1.0867 1.0790 1.0837
June 1.0870 1.0833 1.0845
July 1.0892 1.0841 1.0866
August 1.0899 1.0826 1.0856
September 1.0867 1.0828 1.0849
October 1.0866 1.0828 1.0855
November 1.0905 1.0854 1.0881
December 1.0892 1.0865 1.0876