YEARLY HIGH
0.9950 MOP
YEARLY LOW
0.9421 MOP
YEARLY AVERAGE
0.9660 MOP

2023 SBD to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.9950. Conversely, the yearly low was recorded on November 26, dropping to 0.9421.

This high-to-low spread represents a total annual volatility of 0.0529 MOP. From a start-to-finish perspective, comparing the January average rate of 0.9746 to the December average rate of 0.9522, the exchange rate registered a net change of -2.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9950 was down 2.47% compared to the 2022 peak of 1.0201, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,975 MOP
2022 Average 4,956 MOP
Yearly Trough Low 4,711 MOP
Transaction Impact: A difference of 264.36 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9847
0.9491
JanuMarcMayJulySeptNove

SBD 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 0.9747, compared to 0.9573 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0174 points.

H1 Avg (Jan–Jun) 0.9747
H2 Avg (Jul–Dec) 0.9573

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0241 MOP (High: 0.9815 / Low: 0.9573). On the other end, June was the most stable month, with a tight range of 0.0082 MOP (High: 0.9715 / Low: 0.9633).

April Spread (Volatile) ±0.0241
June Spread (Stable) ±0.0082

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 March and April, when the average rate fell by 0.0069 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.9817) against the same month in 2022 (average: 0.9930), the exchange rate shifted by -0.0113 (-1.14%).

2023 Avg (February) 0.9817
2022 Avg (February) 0.9930

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9827 0.9662 0.9746
February 0.9950 0.9720 0.9817
March 0.9859 0.9722 0.9810
April 0.9815 0.9573 0.9741
May 0.9766 0.9627 0.9693
June 0.9715 0.9633 0.9677
July 0.9690 0.9485 0.9614
August 0.9664 0.9544 0.9631
September 0.9665 0.9546 0.9600
October 0.9643 0.9476 0.9552
November 0.9584 0.9421 0.9520
December 0.9602 0.9479 0.9522