YEARLY HIGH
0.9268 MOP
YEARLY LOW
0.9170 MOP
YEARLY AVERAGE
0.9217 MOP

2023 SVC to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 0.9268. Conversely, the yearly low was recorded on November 27, dropping to 0.9170.

This high-to-low spread represents a total annual volatility of 0.0098 MOP. From a start-to-finish perspective, comparing the January average rate of 0.9205 to the December average rate of 0.9194, the exchange rate registered a net change of -0.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9268 was up 0.15% compared to the 2022 peak of 0.9254, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,634 MOP
2022 Average 4,609 MOP
Yearly Trough Low 4,585 MOP
Transaction Impact: A difference of 49.06 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9246
0.9185
JanuMarcMayJulySeptNove

SVC 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 0.9229, compared to 0.9205 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.9229
H2 Avg (Jul–Dec) 0.9205

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0066 MOP (High: 0.9268 / Low: 0.9202). On the other end, April was the most stable month, with a tight range of 0.0014 MOP (High: 0.9254 / Low: 0.9239).

May Spread (Volatile) ±0.0066
April Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 0.0022 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.9228) against the same month in 2022 (average: 0.9240), the exchange rate shifted by -0.0012 (-0.13%).

2023 Avg (May) 0.9228
2022 Avg (May) 0.9240

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9225 0.9174 0.9205
February 0.9241 0.9219 0.9237
March 0.9254 0.9232 0.9240
April 0.9254 0.9239 0.9241
May 0.9268 0.9202 0.9228
June 0.9231 0.9200 0.9221
July 0.9225 0.9181 0.9203
August 0.9237 0.9175 0.9211
September 0.9235 0.9202 0.9217
October 0.9235 0.9203 0.9213
November 0.9214 0.9170 0.9190
December 0.9204 0.9181 0.9194