2023 PHP to MOP Historical Review

YEARLY HIGH

0.1520 MOP

YEARLY LOW

0.1407 MOP

YEARLY AVERAGE

0.1450 MOP

2023 PHP to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.1520. Conversely, the yearly low was recorded on September 26, dropping to 0.1407.

This high-to-low spread represents a total annual volatility of 0.0113 MOP. From a start-to-finish perspective, comparing the January average rate of 0.1466 to the December average rate of 0.1451, the exchange rate registered a net change of -1.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1520 was down 3.52% compared to the 2022 peak of 0.1575, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 37,997 MOP

2022 Average 37,075 MOP

Yearly Trough Low 35,167 MOP

Transaction Impact: A difference of 2,829.38 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1481

0.1413

JanuMarcMayJulySeptNove

PHP 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 0.1462, compared to 0.1438 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.1462

H2 Avg (Jul–Dec) 0.1438

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0073 MOP (High: 0.1520 / Low: 0.1447). On the other end, October was the most stable month, with a tight range of 0.0015 MOP (High: 0.1426 / Low: 0.1410).

February Spread (Volatile) ±0.0073

October Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between January and March, 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 0.0033 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1474) against the same month in 2022 (average: 0.1566), the exchange rate shifted by -0.0092 (-5.88%).

2023 Avg (February) 0.1474

2022 Avg (February) 0.1566

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1485	0.1438	0.1466
February	0.1520	0.1447	0.1474
March	0.1494	0.1455	0.1475
April	0.1489	0.1436	0.1462
May	0.1465	0.1431	0.1447
June	0.1463	0.1433	0.1445
July	0.1481	0.1441	0.1465
August	0.1463	0.1417	0.1431
September	0.1427	0.1407	0.1420
October	0.1426	0.1410	0.1419
November	0.1454	0.1421	0.1442
December	0.1461	0.1440	0.1451