2023 MWK to MOP Historical Review

YEARLY HIGH

0.0080 MOP

YEARLY LOW

0.0048 MOP

YEARLY AVERAGE

0.0073 MOP

2023 MWK to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.0080. Conversely, the yearly low was recorded on November 24, dropping to 0.0048.

This high-to-low spread represents a total annual volatility of 0.0032 MOP. From a start-to-finish perspective, comparing the January average rate of 0.0079 to the December average rate of 0.0048, the exchange rate registered a net change of -39.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0080 was down 20.95% compared to the 2022 peak of 0.0101, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 40 MOP

2022 Average 44 MOP

Yearly Trough Low 24 MOP

Transaction Impact: A difference of 15.94 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0082

0.0045

JanuMarcMayJulySeptNove

MWK 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 0.0079, compared to 0.0067 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0079

H2 Avg (Jul–Dec) 0.0067

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0025 MOP (High: 0.0072 / Low: 0.0048). On the other end, December was the most stable month, with a tight range of 0.0000 MOP (High: 0.0048 / Low: 0.0048).

November Spread (Volatile) ±0.0025

December Spread (Stable) ±0.0000

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 October and November, when the average rate fell by 0.0012 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0079) against the same month in 2022 (average: 0.0098), the exchange rate shifted by -0.0020 (-19.94%).

2023 Avg (January) 0.0079

2022 Avg (January) 0.0098

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0080	0.0078	0.0079
February	0.0079	0.0078	0.0079
March	0.0079	0.0077	0.0079
April	0.0079	0.0079	0.0079
May	0.0079	0.0078	0.0079
June	0.0079	0.0077	0.0079
July	0.0077	0.0076	0.0076
August	0.0077	0.0074	0.0075
September	0.0077	0.0073	0.0074
October	0.0075	0.0069	0.0070
November	0.0072	0.0048	0.0058
December	0.0048	0.0048	0.0048