YEARLY HIGH
0.4331 MOP
YEARLY LOW
0.2730 MOP
YEARLY AVERAGE
0.3498 MOP

2023 TRY to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TRY to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.4331. Conversely, the yearly low was recorded on December 29, dropping to 0.2730.

This high-to-low spread represents a total annual volatility of 0.1601 MOP. From a start-to-finish perspective, comparing the January average rate of 0.4289 to the December average rate of 0.2768, the exchange rate registered a net change of -35.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4331 was down 29.60% compared to the 2022 peak of 0.6151, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 21,653 MOP
2022 Average 24,679 MOP
Yearly Trough Low 13,650 MOP
Transaction Impact: A difference of 8,003.09 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4441
0.2615
JanuMarcMayJulySeptNove

TRY to MOP 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: JanтАУJun) was 0.4084, compared to 0.2913 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.1171 points.

H1 Avg (JanтАУJun) 0.4084
H2 Avg (JulтАУDec) 0.2913

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0768 MOP (High: 0.3858 / Low: 0.3090). On the other end, January was the most stable month, with a tight range of 0.0036 MOP (High: 0.4300 / Low: 0.4265).

June Spread (Volatile) ┬▒0.0768
January Spread (Stable) ┬▒0.0036

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0666 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0666

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.4288) against the same month in 2022 (average: 0.5887), the exchange rate shifted by -0.1599 (-27.16%).

2023 Avg (February) 0.4288
2022 Avg (February) 0.5887

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 0.4300 0.4265 0.4289
February 0.4331 0.4259 0.4288
March 0.4296 0.4191 0.4249
April 0.4213 0.4102 0.4176
May 0.4155 0.3886 0.4083
June 0.3858 0.3090 0.3417
July 0.3115 0.2971 0.3039
August 0.3117 0.2954 0.2995
September 0.3027 0.2936 0.2985
October 0.2941 0.2842 0.2889
November 0.2843 0.2771 0.2802
December 0.2794 0.2730 0.2768