YEARLY HIGH
347.4989 CDF
YEARLY LOW
251.6408 CDF
YEARLY AVERAGE
289.7277 CDF

2023 MOP to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 347.4989. Conversely, the yearly low was recorded on January 18, dropping to 251.6408.

This high-to-low spread represents a total annual volatility of 95.8581 CDF. From a start-to-finish perspective, comparing the January average rate of 254.3642 to the December average rate of 338.0634, the exchange rate registered a net change of 32.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 347.4989 was up 35.39% compared to the 2022 peak of 256.6617, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,737,495 CDF
2022 Average 1,252,089 CDF
Yearly Trough Low 1,258,204 CDF
Transaction Impact: A difference of 479,290.61 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

346.4333
245.9943
JanuMarcMayJulySeptNove

MOP to CDF 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 264.5244, compared to 314.9311 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 50.4067 points.

H1 Avg (Jan–Jun) 264.5244
H2 Avg (Jul–Dec) 314.9311

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 36.8286 CDF (High: 289.3419 / Low: 252.5134). On the other end, September was the most stable month, with a tight range of 4.9325 CDF (High: 310.1294 / Low: 305.1969).

May Spread (Volatile) ±36.8286
September Spread (Stable) ±4.9325

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 338.0634) against the same month in 2022 (average: 254.9947), the exchange rate shifted by +83.0687 (+32.58%).

2023 Avg (December) 338.0634
2022 Avg (December) 254.9947

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 256.7076 251.6408 254.3642
February 257.8598 252.8732 255.1650
March 258.1082 252.8561 256.1630
April 271.8659 252.6602 257.6742
May 289.3419 252.5134 271.1862
June 298.5506 287.9009 292.5937
July 317.0214 298.5506 306.9945
August 308.9269 303.6047 307.2411
September 310.1294 305.1969 308.0292
October 322.1752 306.8969 312.6280
November 338.4469 305.4275 316.6302
December 347.4989 331.2089 338.0634