YEARLY HIGH
0.8105 MOP
YEARLY LOW
0.7181 MOP
YEARLY AVERAGE
0.7602 MOP

2023 SEK to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.8105. Conversely, the yearly low was recorded on October 28, dropping to 0.7181.

This high-to-low spread represents a total annual volatility of 0.0924 MOP. From a start-to-finish perspective, comparing the January average rate of 0.7752 to the December average rate of 0.7865, the exchange rate registered a net change of 1.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8105 was down 9.83% compared to the 2022 peak of 0.8988, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,052 MOP
2022 Average 4,000 MOP
Yearly Trough Low 3,590 MOP
Transaction Impact: A difference of 461.95 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7924
0.7210
JanuMarcMayJulySeptNove

SEK 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 0.7695, compared to 0.7508 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0187 points.

H1 Avg (Jan–Jun) 0.7695
H2 Avg (Jul–Dec) 0.7508

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0569 MOP (High: 0.7992 / Low: 0.7423). On the other end, September was the most stable month, with a tight range of 0.0198 MOP (High: 0.7403 / Low: 0.7205).

May Spread (Volatile) ±0.0569
September Spread (Stable) ±0.0198

Growth Streaks & Declines

Trends

Between September and December, 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 0.0208 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0208

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.7865) against the same month in 2022 (average: 0.7719), the exchange rate shifted by +0.0146 (+1.89%).

2023 Avg (December) 0.7865
2022 Avg (December) 0.7719

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7910 0.7529 0.7752
February 0.7832 0.7611 0.7731
March 0.7849 0.7493 0.7683
April 0.7880 0.7670 0.7806
May 0.7992 0.7423 0.7704
June 0.7607 0.7405 0.7496
July 0.7900 0.7356 0.7643
August 0.7603 0.7307 0.7440
September 0.7403 0.7205 0.7270
October 0.7412 0.7181 0.7307
November 0.7780 0.7216 0.7525
December 0.8105 0.7672 0.7865