YEARLY HIGH
0.3390 XCD
YEARLY LOW
0.3314 XCD
YEARLY AVERAGE
0.3353 XCD

2023 MOP to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.3390. Conversely, the yearly low was recorded on February 5, dropping to 0.3314.

This high-to-low spread represents a total annual volatility of 0.0076 XCD. From a start-to-finish perspective, comparing the January average rate of 0.3355 to the December average rate of 0.3356, 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 0.3390 was up 0.14% compared to the 2022 peak of 0.3385, 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 1,695 XCD
2022 Average 1,675 XCD
Yearly Trough Low 1,657 XCD
Transaction Impact: A difference of 38.14 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3367
0.3341
JanuMarcMayJulySeptNove

MOP to XCD 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 0.3349, compared to 0.3357 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.3349
H2 Avg (Jul–Dec) 0.3357

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0050 XCD (High: 0.3364 / Low: 0.3314). On the other end, October was the most stable month, with a tight range of 0.0022 XCD (High: 0.3365 / Low: 0.3343).

February Spread (Volatile) ±0.0050
October Spread (Stable) ±0.0022

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 0.0012 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.3348) against the same month in 2022 (average: 0.3354), the exchange rate shifted by -0.0007 (-0.20%).

2023 Avg (March) 0.3348
2022 Avg (March) 0.3354

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3370 0.3347 0.3355
February 0.3364 0.3314 0.3343
March 0.3390 0.3340 0.3348
April 0.3387 0.3337 0.3346
May 0.3366 0.3332 0.3349
June 0.3372 0.3335 0.3350
July 0.3384 0.3346 0.3360
August 0.3384 0.3341 0.3353
September 0.3367 0.3341 0.3352
October 0.3365 0.3343 0.3355
November 0.3381 0.3353 0.3365
December 0.3367 0.3340 0.3356