2023 SCR to MOP Historical Review

YEARLY HIGH

0.6333 MOP

YEARLY LOW

0.5644 MOP

YEARLY AVERAGE

0.6001 MOP

2023 SCR to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 0.6333. Conversely, the yearly low was recorded on July 12, dropping to 0.5644.

This high-to-low spread represents a total annual volatility of 0.0689 MOP. From a start-to-finish perspective, comparing the January average rate of 0.5950 to the December average rate of 0.5996, the exchange rate registered a net change of 0.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6333 was down 0.39% compared to the 2022 peak of 0.6358, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,167 MOP

2022 Average 2,979 MOP

Yearly Trough Low 2,822 MOP

Transaction Impact: A difference of 344.37 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6163

0.5864

JanuMarcMayJulySeptNove

SCR 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 0.5962, compared to 0.6040 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0079 points.

H1 Avg (Jan–Jun) 0.5962

H2 Avg (Jul–Dec) 0.6040

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0534 MOP (High: 0.6178 / Low: 0.5644). On the other end, August was the most stable month, with a tight range of 0.0228 MOP (High: 0.6127 / Low: 0.5899).

July Spread (Volatile) ±0.0534

August Spread (Stable) ±0.0228

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0092 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0092

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.6138) against the same month in 2022 (average: 0.6028), the exchange rate shifted by +0.0109 (+1.81%).

2023 Avg (September) 0.6138

2022 Avg (September) 0.6028

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6227	0.5703	0.5950
February	0.6207	0.5708	0.5968
March	0.6216	0.5747	0.6001
April	0.6263	0.5767	0.5981
May	0.6154	0.5732	0.5981
June	0.6147	0.5699	0.5889
July	0.6178	0.5644	0.6020
August	0.6127	0.5899	0.6027
September	0.6333	0.5910	0.6138
October	0.6323	0.5850	0.6046
November	0.6164	0.5847	0.6014
December	0.6242	0.5768	0.5996