2023 QAR to MOP Historical Review

YEARLY HIGH

2.2465 MOP

YEARLY LOW

2.1897 MOP

YEARLY AVERAGE

2.2125 MOP

2023 QAR to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 2.2465. Conversely, the yearly low was recorded on March 19, dropping to 2.1897.

This high-to-low spread represents a total annual volatility of 0.0568 MOP. From a start-to-finish perspective, comparing the January average rate of 2.2103 to the December average rate of 2.2097, the exchange rate registered a net change of -0.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.2465 was up 0.30% compared to the 2022 peak of 2.2397, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,232 MOP

2022 Average 11,068 MOP

Yearly Trough Low 10,948 MOP

Transaction Impact: A difference of 284.14 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.2175

2.2060

JanuMarcMayJulySeptNove

QAR 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 2.2146, compared to 2.2105 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 2.2146

H2 Avg (Jul–Dec) 2.2105

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0474 MOP (High: 2.2465 / Low: 2.1991). On the other end, October was the most stable month, with a tight range of 0.0128 MOP (High: 2.2186 / Low: 2.2058).

April Spread (Volatile) ±0.0474

October Spread (Stable) ±0.0128

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 0.0054 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 2.2158) against the same month in 2022 (average: 2.2205), the exchange rate shifted by -0.0048 (-0.21%).

2023 Avg (April) 2.2158

2022 Avg (April) 2.2205

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2166	2.2001	2.2103
February	2.2314	2.1944	2.2164
March	2.2222	2.1897	2.2137
April	2.2465	2.1991	2.2158
May	2.2274	2.2062	2.2166
June	2.2233	2.2036	2.2147
July	2.2183	2.1940	2.2093
August	2.2180	2.1936	2.2117
September	2.2203	2.2045	2.2140
October	2.2186	2.2058	2.2111
November	2.2256	2.1955	2.2070
December	2.2225	2.2032	2.2097