2011 AFN to MOP Historical Review

YEARLY HIGH

0.1877 MOP

YEARLY LOW

0.1656 MOP

YEARLY AVERAGE

0.1816 MOP

2011 AFN to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AFN to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.1877. Conversely, the yearly low was recorded on December 2, dropping to 0.1656.

This high-to-low spread represents a total annual volatility of 0.0221 MOP. From a start-to-finish perspective, comparing the January average rate of 0.1862 to the December average rate of 0.1726, the exchange rate registered a net change of -7.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1877 was up 0.52% compared to the 2010 peak of 0.1867, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 939 MOP

2010 Average 886 MOP

Yearly Trough Low 828 MOP

Transaction Impact: A difference of 110.31 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1888

0.1640

JanuMarcMayJulySeptNove

AFN 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 0.1863, compared to 0.1769 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0094 points.

H1 Avg (Jan–Jun) 0.1863

H2 Avg (Jul–Dec) 0.1769

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0208 MOP (High: 0.1869 / Low: 0.1662). On the other end, February was the most stable month, with a tight range of 0.0002 MOP (High: 0.1865 / Low: 0.1863).

September Spread (Volatile) ±0.0208

February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between May and August, 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 September and October, when the average rate fell by 0.0165 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0165

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 0.1867) against the same month in 2010 (average: 0.1814), the exchange rate shifted by +0.0053 (+2.93%).

2011 Avg (August) 0.1867

2010 Avg (August) 0.1814

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1865	0.1861	0.1862
February	0.1865	0.1863	0.1864
March	0.1866	0.1859	0.1864
April	0.1864	0.1859	0.1861
May	0.1865	0.1859	0.1861
June	0.1868	0.1849	0.1863
July	0.1867	0.1863	0.1865
August	0.1877	0.1857	0.1867
September	0.1869	0.1662	0.1826
October	0.1662	0.1659	0.1661
November	0.1756	0.1657	0.1666
December	0.1758	0.1656	0.1726