YEARLY HIGH
31.3952 YER
YEARLY LOW
30.6823 YER
YEARLY AVERAGE
31.0538 YER

2023 MOP to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 31.3952. Conversely, the yearly low was recorded on February 5, dropping to 30.6823.

This high-to-low spread represents a total annual volatility of 0.7129 YER. From a start-to-finish perspective, comparing the January average rate of 31.0799 to the December average rate of 31.0712, the exchange rate registered a net change of -0.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 31.3952 was up 0.16% compared to the 2022 peak of 31.3449, 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 156,976 YER
2022 Average 155,144 YER
Yearly Trough Low 153,412 YER
Transaction Impact: A difference of 3,564.72 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

31.1870
30.9513
JanuMarcMayJulySeptNove

MOP to YER 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 31.0166, compared to 31.0909 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0743 points.

H1 Avg (Jan–Jun) 31.0166
H2 Avg (Jul–Dec) 31.0909

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.4780 YER (High: 31.1603 / Low: 30.6823). On the other end, October was the most stable month, with a tight range of 0.2027 YER (High: 31.1780 / Low: 30.9752).

February Spread (Volatile) ±0.4780
October Spread (Stable) ±0.2027

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 0.1090 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1090

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 31.0057) against the same month in 2022 (average: 31.0602), the exchange rate shifted by -0.0545 (-0.18%).

2023 Avg (March) 31.0057
2022 Avg (March) 31.0602

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 31.2138 31.0080 31.0799
February 31.1603 30.6823 30.9709
March 31.3952 30.9237 31.0057
April 31.3748 30.9078 30.9928
May 31.1705 30.8701 31.0163
June 31.2348 30.8938 31.0341
July 31.3375 30.9958 31.1244
August 31.3450 30.9410 31.0576
September 31.1869 30.9499 31.0470
October 31.1780 30.9752 31.0779
November 31.3244 31.0630 31.1674
December 31.1667 30.9249 31.0712