2023 MZN to MOP Historical Review

YEARLY HIGH

0.1276 MOP

YEARLY LOW

0.1248 MOP

YEARLY AVERAGE

0.1262 MOP

2023 MZN to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MZN to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.1276. Conversely, the yearly low was recorded on March 19, dropping to 0.1248.

This high-to-low spread represents a total annual volatility of 0.0029 MOP. From a start-to-finish perspective, comparing the January average rate of 0.1261 to the December average rate of 0.1261, the exchange rate registered a net change of 0.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1276 was down 0.06% compared to the 2022 peak of 0.1277, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 638 MOP

2022 Average 631 MOP

Yearly Trough Low 624 MOP

Transaction Impact: A difference of 14.36 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1266

0.1257

JanuMarcMayJulySeptNove

MZN 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 0.1263, compared to 0.1261 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.1263

H2 Avg (Jul–Dec) 0.1261

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0021 MOP (High: 0.1272 / Low: 0.1250). On the other end, January was the most stable month, with a tight range of 0.0008 MOP (High: 0.1264 / Low: 0.1256).

July Spread (Volatile) ±0.0021

January Spread (Stable) ±0.0008

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 0.0004 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1265) against the same month in 2022 (average: 0.1258), the exchange rate shifted by +0.0007 (+0.53%).

2023 Avg (February) 0.1265

2022 Avg (February) 0.1258

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1264	0.1256	0.1261
February	0.1276	0.1257	0.1265
March	0.1267	0.1248	0.1264
April	0.1267	0.1250	0.1265
May	0.1269	0.1257	0.1264
June	0.1268	0.1254	0.1263
July	0.1272	0.1250	0.1261
August	0.1267	0.1250	0.1262
September	0.1266	0.1256	0.1262
October	0.1269	0.1257	0.1261
November	0.1262	0.1251	0.1257
December	0.1266	0.1257	0.1261