2023 SRD to MOP Historical Review

YEARLY HIGH

0.2552 MOP

YEARLY LOW

0.2081 MOP

YEARLY AVERAGE

0.2212 MOP

2023 SRD to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.2552. Conversely, the yearly low was recorded on July 31, dropping to 0.2081.

This high-to-low spread represents a total annual volatility of 0.0470 MOP. From a start-to-finish perspective, comparing the January average rate of 0.2532 to the December average rate of 0.2156, the exchange rate registered a net change of -14.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2552 was down 35.58% compared to the 2022 peak of 0.3961, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,276 MOP

2022 Average 1,705 MOP

Yearly Trough Low 1,041 MOP

Transaction Impact: A difference of 235.19 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2574

0.2063

JanuMarcMayJulySeptNove

SRD 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 0.2305, compared to 0.2118 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0186 points.

H1 Avg (Jan–Jun) 0.2305

H2 Avg (Jul–Dec) 0.2118

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0174 MOP (High: 0.2413 / Low: 0.2238). On the other end, October was the most stable month, with a tight range of 0.0024 MOP (High: 0.2121 / Low: 0.2096).

March Spread (Volatile) ±0.0174

October Spread (Stable) ±0.0024

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 March and April, when the average rate fell by 0.0138 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0138

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2532) against the same month in 2022 (average: 0.3793), the exchange rate shifted by -0.1262 (-33.26%).

2023 Avg (January) 0.2532

2022 Avg (January) 0.3793

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2552	0.2488	0.2532
February	0.2526	0.2385	0.2465
March	0.2413	0.2238	0.2335
April	0.2263	0.2139	0.2197
May	0.2178	0.2131	0.2161
June	0.2171	0.2105	0.2140
July	0.2181	0.2081	0.2117
August	0.2117	0.2083	0.2106
September	0.2117	0.2091	0.2105
October	0.2121	0.2096	0.2112
November	0.2127	0.2096	0.2115
December	0.2194	0.2124	0.2156