2023 MOP to SYP Historical Review

YEARLY HIGH

315.1479 SYP

YEARLY LOW

308.0565 SYP

YEARLY AVERAGE

311.6954 SYP

2023 MOP to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 315.1479. Conversely, the yearly low was recorded on February 5, dropping to 308.0565.

This high-to-low spread represents a total annual volatility of 7.0914 SYP. From a start-to-finish perspective, comparing the January average rate of 311.9495 to the December average rate of 311.9846, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 315.1479 was up 0.16% compared to the 2022 peak of 314.6388, 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 1,575,739 SYP

2022 Average 1,557,514 SYP

Yearly Trough Low 1,540,282 SYP

Transaction Impact: A difference of 35,457.12 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

313.0219

310.6416

JanuMarcMayJulySeptNove

MOP to SYP 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 311.3121, compared to 312.0787 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7667 points.

H1 Avg (Jan–Jun) 311.3121

H2 Avg (Jul–Dec) 312.0787

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 4.6709 SYP (High: 312.7274 / Low: 308.0565). On the other end, October was the most stable month, with a tight range of 2.0343 SYP (High: 312.8417 / Low: 310.8074).

February Spread (Volatile) ±4.6709

October Spread (Stable) ±2.0343

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 1.1096 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.1096

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 311.2332) against the same month in 2022 (average: 311.7773), the exchange rate shifted by -0.5441 (-0.17%).

2023 Avg (March) 311.2332

2022 Avg (March) 311.7773

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	313.3261	311.1981	311.9495
February	312.7274	308.0565	310.8399
March	315.1479	310.4802	311.2332
April	314.8796	310.2551	311.0638
May	312.8918	309.8142	311.3111
June	313.4750	310.0520	311.4750
July	314.5681	311.0759	312.4004
August	314.5811	310.6327	311.7470
September	313.0251	310.6154	311.6013
October	312.8417	310.8074	311.9156
November	314.3109	311.7505	312.8236
December	313.0111	310.4881	311.9846