2023 XDR to MOP Historical Review

YEARLY HIGH

10.9685 MOP

YEARLY LOW

10.5481 MOP

YEARLY AVERAGE

10.7589 MOP

2023 XDR to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XDR to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 10.9685. Conversely, the yearly low was recorded on October 16, dropping to 10.5481.

This high-to-low spread represents a total annual volatility of 0.4204 MOP. From a start-to-finish perspective, comparing the January average rate of 10.8208 to the December average rate of 10.7404, the exchange rate registered a net change of -0.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.9685 was down 4.05% compared to the 2022 peak of 11.4309, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 54,842 MOP

2022 Average 55,306 MOP

Yearly Trough Low 52,740 MOP

Transaction Impact: A difference of 2,101.95 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.9344

10.5461

JanuMarcMayJulySeptNove

XDR 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 10.8233, compared to 10.6944 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1289 points.

H1 Avg (Jan–Jun) 10.8233

H2 Avg (Jul–Dec) 10.6944

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.2482 MOP (High: 10.9124 / Low: 10.6642). On the other end, October was the most stable month, with a tight range of 0.0611 MOP (High: 10.6092 / Low: 10.5481).

January Spread (Volatile) ±0.2482

October Spread (Stable) ±0.0611

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.0995 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0995

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 10.8261) against the same month in 2022 (average: 11.2687), the exchange rate shifted by -0.4426 (-3.93%).

2023 Avg (February) 10.8261

2022 Avg (February) 11.2687

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.9124	10.6642	10.8208
February	10.9685	10.7237	10.8261
March	10.8629	10.7212	10.7719
April	10.9529	10.8462	10.9021
May	10.9665	10.7379	10.8525
June	10.8160	10.7382	10.7663
July	10.9055	10.7132	10.8079
August	10.8862	10.7202	10.7596
September	10.7425	10.5723	10.6601
October	10.6092	10.5481	10.5785
November	10.7063	10.5577	10.6201
December	10.8046	10.6743	10.7404