YEARLY HIGH
3.0179 MOP
YEARLY LOW
2.9500 MOP
YEARLY AVERAGE
2.9827 MOP

2023 XCD to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 3.0179. Conversely, the yearly low was recorded on March 19, dropping to 2.9500.

This high-to-low spread represents a total annual volatility of 0.0679 MOP. From a start-to-finish perspective, comparing the January average rate of 2.9803 to the December average rate of 2.9799, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.0179 was up 0.02% compared to the 2022 peak of 3.0174, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,090 MOP
2022 Average 14,922 MOP
Yearly Trough Low 14,750 MOP
Transaction Impact: A difference of 339.54 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.9928
2.9700
JanuMarcMayJulySeptNove

XCD 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 2.9864, compared to 2.9790 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0073 points.

H1 Avg (Jan–Jun) 2.9864
H2 Avg (Jul–Dec) 2.9790

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0451 MOP (High: 3.0179 / Low: 2.9728). On the other end, October was the most stable month, with a tight range of 0.0195 MOP (High: 2.9912 / Low: 2.9718).

February Spread (Volatile) ±0.0451
October Spread (Stable) ±0.0195

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0088 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 2.9909) against the same month in 2022 (average: 2.9721), the exchange rate shifted by +0.0188 (+0.63%).

2023 Avg (February) 2.9909
2022 Avg (February) 2.9721

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9874 2.9672 2.9803
February 3.0179 2.9728 2.9909
March 2.9944 2.9500 2.9872
April 2.9965 2.9525 2.9888
May 3.0008 2.9713 2.9864
June 2.9985 2.9658 2.9848
July 2.9886 2.9554 2.9760
August 2.9929 2.9553 2.9822
September 2.9931 2.9700 2.9836
October 2.9912 2.9718 2.9806
November 2.9822 2.9579 2.9719
December 2.9943 2.9701 2.9799