2023 TJS to MOP Historical Review

YEARLY HIGH

0.8078 MOP

YEARLY LOW

0.7323 MOP

YEARLY AVERAGE

0.7466 MOP

2023 TJS to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 9, valuing the pair at 0.8078. Conversely, the yearly low was recorded on August 8, dropping to 0.7323.

This high-to-low spread represents a total annual volatility of 0.0755 MOP. From a start-to-finish perspective, comparing the January average rate of 0.7872 to the December average rate of 0.7362, the exchange rate registered a net change of -6.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8078 was down 3.06% compared to the 2022 peak of 0.8333, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,039 MOP

2022 Average 3,706 MOP

Yearly Trough Low 3,661 MOP

Transaction Impact: A difference of 377.63 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7925

0.7290

JanuMarcMayJulySeptNove

TJS 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 0.7583, compared to 0.7350 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0233 points.

H1 Avg (Jan–Jun) 0.7583

H2 Avg (Jul–Dec) 0.7350

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0694 MOP (High: 0.8078 / Low: 0.7384). On the other end, April was the most stable month, with a tight range of 0.0018 MOP (High: 0.7415 / Low: 0.7397).

March Spread (Volatile) ±0.0694

April Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0255 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0255

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.7660) against the same month in 2022 (average: 0.6498), the exchange rate shifted by +0.1162 (+17.88%).

2023 Avg (March) 0.7660

2022 Avg (March) 0.6498

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7936	0.7845	0.7872
February	0.8073	0.7511	0.7782
March	0.8078	0.7384	0.7660
April	0.7415	0.7397	0.7405
May	0.7427	0.7367	0.7392
June	0.7397	0.7366	0.7386
July	0.7425	0.7333	0.7361
August	0.7360	0.7323	0.7344
September	0.7358	0.7327	0.7343
October	0.7368	0.7331	0.7344
November	0.7370	0.7328	0.7347
December	0.7381	0.7349	0.7362