YEARLY HIGH
2.0674 MOP
YEARLY LOW
1.8027 MOP
YEARLY AVERAGE
1.9220 MOP

2023 PLN to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 2.0674. Conversely, the yearly low was recorded on February 19, dropping to 1.8027.

This high-to-low spread represents a total annual volatility of 0.2647 MOP. From a start-to-finish perspective, comparing the January average rate of 1.8584 to the December average rate of 2.0306, the exchange rate registered a net change of 9.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.0674 was up 1.39% compared to the 2022 peak of 2.0389, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 41,347 MOP
2022 Average 36,313 MOP
Yearly Trough Low 36,054 MOP
Transaction Impact: A difference of 5,293.40 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.0513
1.8028
JanuMarcMayJulySeptNove

PLN 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 1.8878, compared to 1.9563 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0685 points.

H1 Avg (Jan–Jun) 1.8878
H2 Avg (Jul–Dec) 1.9563

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.1413 MOP (High: 1.9496 / Low: 1.8082). On the other end, August was the most stable month, with a tight range of 0.0499 MOP (High: 1.9981 / Low: 1.9482).

January Spread (Volatile) ±0.1413
August Spread (Stable) ±0.0499

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 August and September, when the average rate fell by 0.1004 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 2.0306) against the same month in 2022 (average: 1.8157), the exchange rate shifted by +0.2150 (+11.84%).

2023 Avg (December) 2.0306
2022 Avg (December) 1.8157

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9496 1.8082 1.8584
February 1.8913 1.8027 1.8235
March 1.8858 1.8085 1.8425
April 1.9494 1.8640 1.9092
May 1.9622 1.9053 1.9316
June 1.9987 1.9208 1.9614
July 2.0371 1.9565 2.0013
August 1.9981 1.9482 1.9721
September 1.9493 1.8280 1.8717
October 1.9279 1.8245 1.8872
November 2.0442 1.9077 1.9747
December 2.0674 1.9980 2.0306