2023 PEN to MOP Historical Review

YEARLY HIGH

2.2609 MOP

YEARLY LOW

2.0692 MOP

YEARLY AVERAGE

2.1560 MOP

2023 PEN to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 2.2609. Conversely, the yearly low was recorded on January 26, dropping to 2.0692.

This high-to-low spread represents a total annual volatility of 0.1917 MOP. From a start-to-finish perspective, comparing the January average rate of 2.1068 to the December average rate of 2.1556, the exchange rate registered a net change of 2.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.2609 was up 1.88% compared to the 2022 peak of 2.2191, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,305 MOP

2022 Average 10,525 MOP

Yearly Trough Low 10,346 MOP

Transaction Impact: A difference of 958.39 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.2488

2.0847

JanuMarcMayJulySeptNove

PEN 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 2.1507, compared to 2.1614 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0107 points.

H1 Avg (Jan–Jun) 2.1507

H2 Avg (Jul–Dec) 2.1614

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0799 MOP (High: 2.1569 / Low: 2.0770). On the other end, March was the most stable month, with a tight range of 0.0303 MOP (High: 2.1536 / Low: 2.1233).

November Spread (Volatile) ±0.0799

March Spread (Stable) ±0.0303

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0670 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0670

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 2.2351) against the same month in 2022 (average: 2.0750), the exchange rate shifted by +0.1602 (+7.72%).

2023 Avg (July) 2.2351

2022 Avg (July) 2.0750

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1313	2.0692	2.1068
February	2.1255	2.0747	2.1063
March	2.1536	2.1233	2.1373
April	2.1825	2.1372	2.1500
May	2.2149	2.1737	2.1910
June	2.2359	2.1830	2.2125
July	2.2609	2.2131	2.2351
August	2.2270	2.1613	2.1833
September	2.1881	2.1258	2.1654
October	2.1297	2.0779	2.0984
November	2.1569	2.0770	2.1303
December	2.1850	2.1256	2.1556