2023 NPR to MOP Historical Review

YEARLY HIGH

0.0621 MOP

YEARLY LOW

0.0602 MOP

YEARLY AVERAGE

0.0610 MOP

2023 NPR to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 0.0621. Conversely, the yearly low was recorded on November 27, dropping to 0.0602.

This high-to-low spread represents a total annual volatility of 0.0020 MOP. From a start-to-finish perspective, comparing the January average rate of 0.0615 to the December average rate of 0.0604, the exchange rate registered a net change of -1.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0621 was down 8.55% compared to the 2022 peak of 0.0679, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 311 MOP

2022 Average 321 MOP

Yearly Trough Low 301 MOP

Transaction Impact: A difference of 9.85 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0618

0.0602

JanuMarcMayJulySeptNove

NPR 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 0.0614, compared to 0.0607 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0614

H2 Avg (Jul–Dec) 0.0607

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0015 MOP (High: 0.0621 / Low: 0.0607). On the other end, October was the most stable month, with a tight range of 0.0003 MOP (High: 0.0607 / Low: 0.0605).

January Spread (Volatile) ±0.0015

October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between February and April, 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 July and August, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0615) against the same month in 2022 (average: 0.0674), the exchange rate shifted by -0.0059 (-8.72%).

2023 Avg (January) 0.0615

2022 Avg (January) 0.0674

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0621	0.0607	0.0615
February	0.0617	0.0610	0.0612
March	0.0619	0.0610	0.0614
April	0.0618	0.0614	0.0616
May	0.0619	0.0608	0.0613
June	0.0615	0.0610	0.0613
July	0.0616	0.0607	0.0612
August	0.0612	0.0604	0.0608
September	0.0610	0.0605	0.0607
October	0.0607	0.0605	0.0605
November	0.0605	0.0602	0.0603
December	0.0605	0.0603	0.0604