2023 MUR to MOP Historical Review

YEARLY HIGH

0.1844 MOP

YEARLY LOW

0.1709 MOP

YEARLY AVERAGE

0.1788 MOP

2023 MUR to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.1844. Conversely, the yearly low was recorded on March 10, dropping to 0.1709.

This high-to-low spread represents a total annual volatility of 0.0135 MOP. From a start-to-finish perspective, comparing the January average rate of 0.1825 to the December average rate of 0.1824, the exchange rate registered a net change of -0.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1844 was down 2.88% compared to the 2022 peak of 0.1899, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MUR based on timing:

Yearly Peak High 922 MOP

2022 Average 912 MOP

Yearly Trough Low 855 MOP

Transaction Impact: A difference of 67.54 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1834

0.1729

JanuMarcMayJulySeptNove

MUR 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: Jan–Jun) was 0.1777, compared to 0.1798 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.1777

H2 Avg (Jul–Dec) 0.1798

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0094 MOP (High: 0.1827 / Low: 0.1733). On the other end, October was the most stable month, with a tight range of 0.0015 MOP (High: 0.1824 / Low: 0.1809).

February Spread (Volatile) ±0.0094

October Spread (Stable) ±0.0015

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 January and February, when the average rate fell by 0.0057 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1825) against the same month in 2022 (average: 0.1838), the exchange rate shifted by -0.0013 (-0.69%).

2023 Avg (January) 0.1825

2022 Avg (January) 0.1838

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1844	0.1786	0.1825
February	0.1827	0.1733	0.1768
March	0.1778	0.1709	0.1738
April	0.1803	0.1773	0.1789
May	0.1796	0.1757	0.1777
June	0.1782	0.1744	0.1767
July	0.1779	0.1736	0.1765
August	0.1788	0.1749	0.1772
September	0.1816	0.1732	0.1793
October	0.1824	0.1809	0.1817
November	0.1828	0.1789	0.1816
December	0.1843	0.1801	0.1824