2023 SAR to MOP Historical Review

YEARLY HIGH

2.1734 MOP

YEARLY LOW

2.1223 MOP

YEARLY AVERAGE

2.1487 MOP

2023 SAR to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 2.1734. Conversely, the yearly low was recorded on March 19, dropping to 2.1223.

This high-to-low spread represents a total annual volatility of 0.0511 MOP. From a start-to-finish perspective, comparing the January average rate of 2.1443 to the December average rate of 2.1470, the exchange rate registered a net change of 0.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.1734 was up 0.07% compared to the 2022 peak of 2.1719, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,867 MOP

2022 Average 10,740 MOP

Yearly Trough Low 10,612 MOP

Transaction Impact: A difference of 255.27 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.1559

2.1405

JanuMarcMayJulySeptNove

SAR 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 2.1508, compared to 2.1465 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 2.1508

H2 Avg (Jul–Dec) 2.1465

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0328 MOP (High: 2.1551 / Low: 2.1223). On the other end, October was the most stable month, with a tight range of 0.0131 MOP (High: 2.1543 / Low: 2.1412).

March Spread (Volatile) ±0.0328

October Spread (Stable) ±0.0131

Growth Streaks & Declines

Trends

Between July and September, 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 0.0066 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 2.1546) against the same month in 2022 (average: 2.1409), the exchange rate shifted by +0.0137 (+0.64%).

2023 Avg (February) 2.1546

2022 Avg (February) 2.1409

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1508	2.1346	2.1443
February	2.1734	2.1410	2.1546
March	2.1551	2.1223	2.1500
April	2.1592	2.1273	2.1533
May	2.1620	2.1411	2.1520
June	2.1604	2.1367	2.1508
July	2.1534	2.1298	2.1443
August	2.1562	2.1289	2.1486
September	2.1565	2.1398	2.1499
October	2.1543	2.1412	2.1476
November	2.1489	2.1314	2.1418
December	2.1581	2.1399	2.1470