2023 MVR to MOP Historical Review

YEARLY HIGH

0.5313 MOP

YEARLY LOW

0.5174 MOP

YEARLY AVERAGE

0.5244 MOP

2023 MVR to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.5313. Conversely, the yearly low was recorded on November 19, dropping to 0.5174.

This high-to-low spread represents a total annual volatility of 0.0139 MOP. From a start-to-finish perspective, comparing the January average rate of 0.5235 to the December average rate of 0.5239, the exchange rate registered a net change of 0.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5313 was up 0.36% compared to the 2022 peak of 0.5295, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,657 MOP

2022 Average 2,615 MOP

Yearly Trough Low 2,587 MOP

Transaction Impact: A difference of 69.72 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5268

0.5224

JanuMarcMayJulySeptNove

MVR 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 0.5255, compared to 0.5234 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.5255

H2 Avg (Jul–Dec) 0.5234

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0104 MOP (High: 0.5278 / Low: 0.5174). On the other end, December was the most stable month, with a tight range of 0.0038 MOP (High: 0.5255 / Low: 0.5216).

November Spread (Volatile) ±0.0104

December Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0027 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.5265) against the same month in 2022 (average: 0.5199), the exchange rate shifted by +0.0065 (+1.26%).

2023 Avg (February) 0.5265

2022 Avg (February) 0.5199

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5260	0.5207	0.5235
February	0.5313	0.5231	0.5265
March	0.5275	0.5177	0.5251
April	0.5276	0.5195	0.5259
May	0.5285	0.5231	0.5260
June	0.5279	0.5235	0.5257
July	0.5273	0.5187	0.5231
August	0.5262	0.5203	0.5243
September	0.5253	0.5210	0.5230
October	0.5266	0.5215	0.5235
November	0.5278	0.5174	0.5228
December	0.5255	0.5216	0.5239