2023 MOP to TRY Historical Review

YEARLY HIGH

3.6630 TRY

YEARLY LOW

2.3091 TRY

YEARLY AVERAGE

2.9524 TRY

2023 MOP to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 3.6630. Conversely, the yearly low was recorded on February 5, dropping to 2.3091.

This high-to-low spread represents a total annual volatility of 1.3538 TRY. From a start-to-finish perspective, comparing the January average rate of 2.3318 to the December average rate of 3.6134, the exchange rate registered a net change of 54.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.6630 was up 57.13% compared to the 2022 peak of 2.3312, 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 18,315 TRY

2022 Average 10,275 TRY

Yearly Trough Low 11,546 TRY

Transaction Impact: A difference of 6,769.23 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.7416

2.2036

JanuMarcMayJulySeptNove

MOP to TRY 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 2.4670, compared to 3.4377 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9706 points.

H1 Avg (Jan–Jun) 2.4670

H2 Avg (Jul–Dec) 3.4377

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.6442 TRY (High: 3.2360 / Low: 2.5918). On the other end, January was the most stable month, with a tight range of 0.0195 TRY (High: 2.3449 / Low: 2.3254).

June Spread (Volatile) ±0.6442

January Spread (Stable) ±0.0195

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: 3.6134) against the same month in 2022 (average: 2.3252), the exchange rate shifted by +1.2883 (+55.41%).

2023 Avg (December) 3.6134

2022 Avg (December) 2.3252

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3449	2.3254	2.3318
February	2.3478	2.3091	2.3320
March	2.3858	2.3276	2.3537
April	2.4379	2.3736	2.3948
May	2.5734	2.4069	2.4499
June	3.2360	2.5918	2.9401
July	3.3659	3.2103	3.2918
August	3.3848	3.2079	3.3399
September	3.4056	3.3040	3.3499
October	3.5189	3.4004	3.4623
November	3.6087	3.5175	3.5687
December	3.6630	3.5793	3.6134

2023 MOP నుండి TRY చారిత్రక సమీక్ష