2023 RSD to MOP Historical Review

YEARLY HIGH

0.0772 MOP

YEARLY LOW

0.0720 MOP

YEARLY AVERAGE

0.0744 MOP

2023 RSD to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.0772. Conversely, the yearly low was recorded on October 3, dropping to 0.0720.

This high-to-low spread represents a total annual volatility of 0.0051 MOP. From a start-to-finish perspective, comparing the January average rate of 0.0740 to the December average rate of 0.0750, the exchange rate registered a net change of 1.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0772 was down 1.28% compared to the 2022 peak of 0.0782, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 386 MOP

2022 Average 362 MOP

Yearly Trough Low 360 MOP

Transaction Impact: A difference of 25.67 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0762

0.0722

JanuMarcMayJulySeptNove

RSD 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 0.0744, compared to 0.0743 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0744

H2 Avg (Jul–Dec) 0.0743

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0031 MOP (High: 0.0758 / Low: 0.0726). On the other end, August was the most stable month, with a tight range of 0.0012 MOP (High: 0.0756 / Low: 0.0744).

February Spread (Volatile) ±0.0031

August Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 0.0016 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0759) against the same month in 2022 (average: 0.0702), the exchange rate shifted by +0.0056 (+8.04%).

2023 Avg (July) 0.0759

2022 Avg (July) 0.0702

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0750	0.0721	0.0740
February	0.0758	0.0726	0.0737
March	0.0752	0.0727	0.0737
April	0.0762	0.0746	0.0756
May	0.0764	0.0736	0.0748
June	0.0756	0.0737	0.0746
July	0.0772	0.0746	0.0759
August	0.0756	0.0744	0.0750
September	0.0743	0.0722	0.0734
October	0.0734	0.0720	0.0726
November	0.0753	0.0728	0.0741
December	0.0764	0.0739	0.0750