YEARLY HIGH
0.0021 MOP
YEARLY LOW
0.0016 MOP
YEARLY AVERAGE
0.0019 MOP

2023 COP to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0021. Conversely, the yearly low was recorded on January 5, dropping to 0.0016.

This high-to-low spread represents a total annual volatility of 0.0005 MOP. From a start-to-finish perspective, comparing the January average rate of 0.0017 to the December average rate of 0.0020, the exchange rate registered a net change of 19.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0021 was down 3.08% compared to the 2022 peak of 0.0022, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,511 MOP
2022 Average 9,549 MOP
Yearly Trough Low 8,092 MOP
Transaction Impact: A difference of 2,419.40 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0021
0.0017
JanuMarcMayJulySeptNove

COP 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 0.0018, compared to 0.0020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0018
H2 Avg (Jul–Dec) 0.0020

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0002 MOP (High: 0.0018 / Low: 0.0016). On the other end, November was the most stable month, with a tight range of 0.0001 MOP (High: 0.0020 / Low: 0.0020).

January Spread (Volatile) ±0.0002
November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0001 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0020) against the same month in 2022 (average: 0.0017), the exchange rate shifted by +0.0004 (+21.52%).

2023 Avg (December) 0.0020
2022 Avg (December) 0.0017

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0018 0.0016 0.0017
February 0.0018 0.0016 0.0017
March 0.0018 0.0017 0.0017
April 0.0018 0.0017 0.0018
May 0.0018 0.0017 0.0018
June 0.0020 0.0018 0.0019
July 0.0020 0.0019 0.0020
August 0.0021 0.0019 0.0020
September 0.0021 0.0020 0.0020
October 0.0020 0.0018 0.0019
November 0.0020 0.0020 0.0020
December 0.0021 0.0020 0.0020