2023 SZL to MOP Historical Review

YEARLY HIGH

0.4784 MOP

YEARLY LOW

0.4079 MOP

YEARLY AVERAGE

0.4376 MOP

2023 SZL to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SZL to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.4784. Conversely, the yearly low was recorded on June 1, dropping to 0.4079.

This high-to-low spread represents a total annual volatility of 0.0705 MOP. From a start-to-finish perspective, comparing the January average rate of 0.4709 to the December average rate of 0.4323, the exchange rate registered a net change of -8.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4784 was down 13.98% compared to the 2022 peak of 0.5561, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,392 MOP

2022 Average 2,475 MOP

Yearly Trough Low 2,039 MOP

Transaction Impact: A difference of 352.61 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4758

0.4176

JanuMarcMayJulySeptNove

SZL 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 0.4443, compared to 0.4308 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0135 points.

H1 Avg (Jan–Jun) 0.4443

H2 Avg (Jul–Dec) 0.4308

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0359 MOP (High: 0.4437 / Low: 0.4079). On the other end, September was the most stable month, with a tight range of 0.0117 MOP (High: 0.4317 / Low: 0.4200).

June Spread (Volatile) ±0.0359

September Spread (Stable) ±0.0117

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0214 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0214

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.4709) against the same month in 2022 (average: 0.5187), the exchange rate shifted by -0.0477 (-9.20%).

2023 Avg (January) 0.4709

2022 Avg (January) 0.5187

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4784	0.4630	0.4709
February	0.4727	0.4380	0.4517
March	0.4538	0.4340	0.4424
April	0.4543	0.4387	0.4456
May	0.4421	0.4082	0.4241
June	0.4437	0.4079	0.4313
July	0.4577	0.4225	0.4417
August	0.4458	0.4135	0.4292
September	0.4317	0.4200	0.4254
October	0.4291	0.4139	0.4225
November	0.4431	0.4244	0.4340
December	0.4432	0.4212	0.4323