YEARLY HIGH
0.0948 XDR
YEARLY LOW
0.0912 XDR
YEARLY AVERAGE
0.0930 XDR

2023 MOP to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 0.0948. Conversely, the yearly low was recorded on February 3, dropping to 0.0912.

This high-to-low spread represents a total annual volatility of 0.0036 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0924 to the December average rate of 0.0931, the exchange rate registered a net change of 0.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0948 was down 2.89% compared to the 2022 peak of 0.0976, 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 474 XDR
2022 Average 452 XDR
Yearly Trough Low 456 XDR
Transaction Impact: A difference of 18.17 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0948
0.0914
JanuMarcMayJulySeptNove

MOP to XDR 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 0.0924, compared to 0.0935 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0924
H2 Avg (Jul–Dec) 0.0935

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0021 XDR (High: 0.0938 / Low: 0.0916). On the other end, October was the most stable month, with a tight range of 0.0005 XDR (High: 0.0948 / Low: 0.0943).

January Spread (Volatile) ±0.0021
October Spread (Stable) ±0.0005

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 March and April, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0945) against the same month in 2022 (average: 0.0905), the exchange rate shifted by +0.0040 (+4.47%).

2023 Avg (October) 0.0945
2022 Avg (October) 0.0905

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0938 0.0916 0.0924
February 0.0933 0.0912 0.0924
March 0.0933 0.0921 0.0928
April 0.0922 0.0913 0.0917
May 0.0931 0.0912 0.0921
June 0.0931 0.0925 0.0929
July 0.0933 0.0917 0.0925
August 0.0933 0.0919 0.0929
September 0.0946 0.0931 0.0938
October 0.0948 0.0943 0.0945
November 0.0947 0.0934 0.0942
December 0.0937 0.0926 0.0931