2011 ETB to MOP Historical Review

YEARLY HIGH

0.6301 MOP

YEARLY LOW

0.4629 MOP

YEARLY AVERAGE

0.5121 MOP

2011 ETB to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ETB to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.6301. Conversely, the yearly low was recorded on December 31, dropping to 0.4629.

This high-to-low spread represents a total annual volatility of 0.1672 MOP. From a start-to-finish perspective, comparing the January average rate of 0.6296 to the December average rate of 0.4644, the exchange rate registered a net change of -26.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.6301 was down 15.80% compared to the 2010 peak of 0.7484, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,151 MOP

2010 Average 3,460 MOP

Yearly Trough Low 2,315 MOP

Transaction Impact: A difference of 835.83 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.6461

0.4479

JanuMarcMayJulySeptNove

ETB 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 0.5553, compared to 0.4688 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0865 points.

H1 Avg (Jan–Jun) 0.5553

H2 Avg (Jul–Dec) 0.4688

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.1528 MOP (High: 0.6262 / Low: 0.4735). On the other end, September was the most stable month, with a tight range of 0.0008 MOP (High: 0.4701 / Low: 0.4693).

April Spread (Volatile) ±0.1528

September Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1308 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.1308

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.6296) against the same month in 2010 (average: 0.7431), the exchange rate shifted by -0.1134 (-15.27%).

2011 Avg (January) 0.6296

2010 Avg (January) 0.7431

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6301	0.6292	0.6296
February	0.6293	0.6278	0.6286
March	0.6280	0.6264	0.6273
April	0.6262	0.4735	0.4965
May	0.4763	0.4733	0.4757
June	0.4760	0.4730	0.4744
July	0.4731	0.4705	0.4723
August	0.4724	0.4690	0.4710
September	0.4701	0.4693	0.4697
October	0.4693	0.4679	0.4686
November	0.4683	0.4642	0.4670
December	0.4654	0.4629	0.4644