2023 MOP to SZL Historical Review

YEARLY HIGH

2.4518 SZL

YEARLY LOW

2.0903 SZL

YEARLY AVERAGE

2.2880 SZL

2023 MOP to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 2.4518. Conversely, the yearly low was recorded on January 13, dropping to 2.0903.

This high-to-low spread represents a total annual volatility of 0.3614 SZL. From a start-to-finish perspective, comparing the January average rate of 2.1235 to the December average rate of 2.3138, the exchange rate registered a net change of 8.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.4518 was up 7.68% compared to the 2022 peak of 2.2768, 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 12,259 SZL

2022 Average 10,146 SZL

Yearly Trough Low 10,452 SZL

Transaction Impact: A difference of 1,807.11 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.3915

2.0992

JanuMarcMayJulySeptNove

MOP to SZL 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 2.2539, compared to 2.3221 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0682 points.

H1 Avg (Jan–Jun) 2.2539

H2 Avg (Jul–Dec) 2.3221

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.1981 SZL (High: 2.4518 / Low: 2.2536). On the other end, September was the most stable month, with a tight range of 0.0647 SZL (High: 2.3810 / Low: 2.3163).

June Spread (Volatile) ±0.1981

September Spread (Stable) ±0.0647

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.0624 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0624

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 2.3201) against the same month in 2022 (average: 1.9516), the exchange rate shifted by +0.3685 (+18.88%).

2023 Avg (June) 2.3201

2022 Avg (June) 1.9516

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1599	2.0903	2.1235
February	2.2829	2.1156	2.2149
March	2.3039	2.2037	2.2608
April	2.2797	2.2009	2.2445
May	2.4500	2.2618	2.3594
June	2.4518	2.2536	2.3201
July	2.3670	2.1850	2.2656
August	2.4182	2.2431	2.3302
September	2.3810	2.3163	2.3507
October	2.4161	2.3306	2.3672
November	2.3565	2.2569	2.3047
December	2.3744	2.2564	2.3138