2023 MXN to MOP Historical Review

YEARLY HIGH

0.4831 MOP

YEARLY LOW

0.4117 MOP

YEARLY AVERAGE

0.4551 MOP

2023 MXN to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MXN to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.4831. Conversely, the yearly low was recorded on January 1, dropping to 0.4117.

This high-to-low spread represents a total annual volatility of 0.0713 MOP. From a start-to-finish perspective, comparing the January average rate of 0.4248 to the December average rate of 0.4692, the exchange rate registered a net change of 10.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4831 was up 15.40% compared to the 2022 peak of 0.4186, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 24,154 MOP

2022 Average 20,064 MOP

Yearly Trough Low 20,587 MOP

Transaction Impact: A difference of 3,567.27 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4804

0.4197

JanuMarcMayJulySeptNove

MXN 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 0.4447, compared to 0.4655 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0208 points.

H1 Avg (Jan–Jun) 0.4447

H2 Avg (Jul–Dec) 0.4655

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0289 MOP (High: 0.4504 / Low: 0.4215). On the other end, April was the most stable month, with a tight range of 0.0074 MOP (High: 0.4493 / Low: 0.4419).

March Spread (Volatile) ±0.0289

April Spread (Stable) ±0.0074

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0208 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0208

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.4745) against the same month in 2022 (average: 0.4017), the exchange rate shifted by +0.0728 (+18.12%).

2023 Avg (August) 0.4745

2022 Avg (August) 0.4017

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4322	0.4117	0.4248
February	0.4416	0.4214	0.4347
March	0.4504	0.4215	0.4387
April	0.4493	0.4419	0.4471
May	0.4629	0.4490	0.4553
June	0.4723	0.4594	0.4678
July	0.4813	0.4665	0.4754
August	0.4831	0.4636	0.4745
September	0.4728	0.4558	0.4662
October	0.4643	0.4393	0.4454
November	0.4689	0.4520	0.4623
December	0.4770	0.4609	0.4692