2023 PKR to MOP Historical Review

YEARLY HIGH

0.0355 MOP

YEARLY LOW

0.0262 MOP

YEARLY AVERAGE

0.0290 MOP

2023 PKR to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.0355. Conversely, the yearly low was recorded on September 6, dropping to 0.0262.

This high-to-low spread represents a total annual volatility of 0.0092 MOP. From a start-to-finish perspective, comparing the January average rate of 0.0345 to the December average rate of 0.0286, the exchange rate registered a net change of -17.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0355 was down 22.94% compared to the 2022 peak of 0.0460, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 17,741 MOP

2022 Average 19,912 MOP

Yearly Trough Low 13,124 MOP

Transaction Impact: A difference of 4,616.74 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0353

0.0264

JanuMarcMayJulySeptNove

PKR 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 0.0298, compared to 0.0281 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0298

H2 Avg (Jul–Dec) 0.0281

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0054 MOP (High: 0.0355 / Low: 0.0301). On the other end, June was the most stable month, with a tight range of 0.0003 MOP (High: 0.0283 / Low: 0.0280).

January Spread (Volatile) ±0.0054

June Spread (Stable) ±0.0003

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 January and February, when the average rate fell by 0.0041 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0345) against the same month in 2022 (average: 0.0455), the exchange rate shifted by -0.0109 (-24.03%).

2023 Avg (January) 0.0345

2022 Avg (January) 0.0455

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0355	0.0301	0.0345
February	0.0326	0.0293	0.0305
March	0.0308	0.0285	0.0288
April	0.0289	0.0280	0.0285
May	0.0286	0.0273	0.0283
June	0.0283	0.0280	0.0281
July	0.0296	0.0280	0.0286
August	0.0284	0.0265	0.0275
September	0.0281	0.0262	0.0271
October	0.0292	0.0280	0.0288
November	0.0289	0.0279	0.0283
December	0.0289	0.0282	0.0286