2014 AZN to MOP Historical Review

YEARLY HIGH

10.2464 MOP

YEARLY LOW

10.1261 MOP

YEARLY AVERAGE

10.1879 MOP

2014 AZN to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AZN to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 10.2464. Conversely, the yearly low was recorded on October 15, dropping to 10.1261.

This high-to-low spread represents a total annual volatility of 0.1203 MOP. From a start-to-finish perspective, comparing the January average rate of 10.1915 to the December average rate of 10.1934, the exchange rate registered a net change of 0.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 10.2464 was down 0.09% compared to the 2013 peak of 10.2561, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 51,232 MOP

2013 Average 50,916 MOP

Yearly Trough Low 50,631 MOP

Transaction Impact: A difference of 601.45 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

10.1954

10.1792

JanuMarcMayJulySeptNove

AZN 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 10.1877, compared to 10.1882 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 10.1877

H2 Avg (Jul–Dec) 10.1882

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.1203 MOP (High: 10.2464 / Low: 10.1261). On the other end, June was the most stable month, with a tight range of 0.0133 MOP (High: 10.1868 / Low: 10.1735).

October Spread (Volatile) ±0.1203

June Spread (Stable) ±0.0133

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0119 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0119

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 10.1933) against the same month in 2013 (average: 10.1841), the exchange rate shifted by +0.0091 (+0.09%).

2014 Avg (October) 10.1933

2013 Avg (October) 10.1841

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.2156	10.1513	10.1915
February	10.2286	10.1642	10.1880
March	10.2114	10.1762	10.1941
April	10.2035	10.1748	10.1890
May	10.1987	10.1736	10.1829
June	10.1868	10.1735	10.1806
July	10.1892	10.1744	10.1820
August	10.2103	10.1742	10.1855
September	10.2454	10.1630	10.1938
October	10.2464	10.1261	10.1933
November	10.2253	10.1455	10.1813
December	10.2324	10.1575	10.1934