2023 RWF to MOP Historical Review

YEARLY HIGH

0.0075 MOP

YEARLY LOW

0.0064 MOP

YEARLY AVERAGE

0.0070 MOP

2023 RWF to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.0075. Conversely, the yearly low was recorded on December 27, dropping to 0.0064.

This high-to-low spread represents a total annual volatility of 0.0011 MOP. From a start-to-finish perspective, comparing the January average rate of 0.0075 to the December average rate of 0.0064, the exchange rate registered a net change of -14.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0075 was down 5.58% compared to the 2022 peak of 0.0080, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 38 MOP

2022 Average 39 MOP

Yearly Trough Low 32 MOP

Transaction Impact: A difference of 5.73 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0076

0.0063

JanuMarcMayJulySeptNove

RWF 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 0.0073, compared to 0.0067 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0073

H2 Avg (Jul–Dec) 0.0067

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0003 MOP (High: 0.0071 / Low: 0.0069). On the other end, February was the most stable month, with a tight range of 0.0001 MOP (High: 0.0075 / Low: 0.0074).

June Spread (Volatile) ±0.0003

February Spread (Stable) ±0.0001

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 June and July, when the average rate fell by 0.0002 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0075) against the same month in 2022 (average: 0.0078), the exchange rate shifted by -0.0003 (-4.08%).

2023 Avg (January) 0.0075

2022 Avg (January) 0.0078

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0075	0.0075	0.0075
February	0.0075	0.0074	0.0074
March	0.0074	0.0073	0.0074
April	0.0073	0.0071	0.0073
May	0.0073	0.0071	0.0072
June	0.0071	0.0069	0.0070
July	0.0070	0.0067	0.0069
August	0.0069	0.0068	0.0068
September	0.0068	0.0066	0.0067
October	0.0066	0.0065	0.0066
November	0.0066	0.0065	0.0065
December	0.0065	0.0064	0.0064