YEARLY HIGH
0.3503 WST
YEARLY LOW
0.3307 WST
YEARLY AVERAGE
0.3389 WST

2023 MOP to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.3503. Conversely, the yearly low was recorded on February 5, dropping to 0.3307.

This high-to-low spread represents a total annual volatility of 0.0195 WST. From a start-to-finish perspective, comparing the January average rate of 0.3349 to the December average rate of 0.3477, the exchange rate registered a net change of 3.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3503 was down 0.84% compared to the 2022 peak of 0.3532, 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 1,751 WST
2022 Average 1,658 WST
Yearly Trough Low 1,654 WST
Transaction Impact: A difference of 97.66 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3501
0.3322
JanuMarcMayJulySeptNove

MOP to WST 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 0.3360, compared to 0.3418 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.3360
H2 Avg (Jul–Dec) 0.3418

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0121 WST (High: 0.3483 / Low: 0.3363). On the other end, January was the most stable month, with a tight range of 0.0023 WST (High: 0.3364 / Low: 0.3341).

October Spread (Volatile) ±0.0121
January Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0015 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.3486) against the same month in 2022 (average: 0.3479), the exchange rate shifted by +0.0007 (+0.20%).

2023 Avg (November) 0.3486
2022 Avg (November) 0.3479

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3364 0.3341 0.3349
February 0.3358 0.3307 0.3337
March 0.3384 0.3333 0.3343
April 0.3416 0.3366 0.3374
May 0.3394 0.3361 0.3377
June 0.3400 0.3363 0.3379
July 0.3412 0.3374 0.3388
August 0.3404 0.3361 0.3373
September 0.3387 0.3361 0.3371
October 0.3483 0.3363 0.3414
November 0.3503 0.3474 0.3486
December 0.3488 0.3460 0.3477