2023 NAD to MOP Historical Review

YEARLY HIGH

0.4784 MOP

YEARLY LOW

0.3989 MOP

YEARLY AVERAGE

0.4363 MOP

2023 NAD to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.4784. Conversely, the yearly low was recorded on October 25, dropping to 0.3989.

This high-to-low spread represents a total annual volatility of 0.0795 MOP. From a start-to-finish perspective, comparing the January average rate of 0.4716 to the December average rate of 0.4311, the exchange rate registered a net change of -8.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4784 was down 14.00% compared to the 2022 peak of 0.5563, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,392 MOP

2022 Average 2,483 MOP

Yearly Trough Low 1,995 MOP

Transaction Impact: A difference of 397.45 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4769

0.4132

JanuMarcMayJulySeptNove

NAD 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 0.4440, compared to 0.4287 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0154 points.

H1 Avg (Jan–Jun) 0.4440

H2 Avg (Jul–Dec) 0.4287

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0400 MOP (High: 0.4421 / Low: 0.4021). On the other end, September was the most stable month, with a tight range of 0.0110 MOP (High: 0.4309 / Low: 0.4199).

November Spread (Volatile) ±0.0400

September Spread (Stable) ±0.0110

Growth Streaks & Declines

Trends

Between May and July, 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 April and May, when the average rate fell by 0.0213 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0213

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.4716) against the same month in 2022 (average: 0.5177), the exchange rate shifted by -0.0461 (-8.91%).

2023 Avg (January) 0.4716

2022 Avg (January) 0.5177

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4784	0.4667	0.4716
February	0.4739	0.4388	0.4523
March	0.4519	0.4328	0.4417
April	0.4550	0.4360	0.4444
May	0.4425	0.4090	0.4231
June	0.4435	0.4089	0.4309
July	0.4557	0.4244	0.4410
August	0.4401	0.4063	0.4278
September	0.4309	0.4199	0.4250
October	0.4292	0.3989	0.4185
November	0.4421	0.4021	0.4286
December	0.4422	0.4212	0.4311