YEARLY HIGH
0.0454 MOP
YEARLY LOW
0.0099 MOP
YEARLY AVERAGE
0.0309 MOP

2023 ARS to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0454. Conversely, the yearly low was recorded on December 31, dropping to 0.0099.

This high-to-low spread represents a total annual volatility of 0.0355 MOP. From a start-to-finish perspective, comparing the January average rate of 0.0443 to the December average rate of 0.0147, the exchange rate registered a net change of -66.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0454 was down 41.95% compared to the 2022 peak of 0.0783, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 227 MOP
2022 Average 317 MOP
Yearly Trough Low 50 MOP
Transaction Impact: A difference of 177.41 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0472
0.0118
JanuMarcMayJulySeptNove

ARS 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 0.0386, compared to 0.0232 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0154 points.

H1 Avg (Jan–Jun) 0.0386
H2 Avg (Jul–Dec) 0.0232

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0124 MOP (High: 0.0223 / Low: 0.0099). On the other end, October was the most stable month, with a tight range of 0.0001 MOP (High: 0.0231 / Low: 0.0230).

December Spread (Volatile) ±0.0124
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0080 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0443) against the same month in 2022 (average: 0.0772), the exchange rate shifted by -0.0330 (-42.71%).

2023 Avg (January) 0.0443
2022 Avg (January) 0.0772

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0454 0.0432 0.0443
February 0.0434 0.0410 0.0422
March 0.0409 0.0388 0.0399
April 0.0388 0.0360 0.0375
May 0.0365 0.0337 0.0350
June 0.0336 0.0315 0.0325
July 0.0315 0.0292 0.0303
August 0.0291 0.0230 0.0254
September 0.0231 0.0229 0.0230
October 0.0231 0.0230 0.0230
November 0.0230 0.0223 0.0227
December 0.0223 0.0099 0.0147