2014 FJD to MOP Historical Review

YEARLY HIGH

4.3862 MOP

YEARLY LOW

4.0040 MOP

YEARLY AVERAGE

4.2514 MOP

2014 FJD to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the FJD to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 4.3862. Conversely, the yearly low was recorded on December 28, dropping to 4.0040.

This high-to-low spread represents a total annual volatility of 0.3822 MOP. From a start-to-finish perspective, comparing the January average rate of 4.2405 to the December average rate of 4.0374, the exchange rate registered a net change of -4.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 4.3862 was down 3.74% compared to the 2013 peak of 4.5568, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 21,931 MOP

2013 Average 21,826 MOP

Yearly Trough Low 20,020 MOP

Transaction Impact: A difference of 1,910.97 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

4.3836

4.0059

JanuMarcMayJulySeptNove

FJD 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 4.3073, compared to 4.1955 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1118 points.

H1 Avg (Jan–Jun) 4.3073

H2 Avg (Jul–Dec) 4.1955

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.1559 MOP (High: 4.3125 / Low: 4.1566). On the other end, August was the most stable month, with a tight range of 0.0221 MOP (High: 4.3138 / Low: 4.2917).

September Spread (Volatile) ±0.1559

August Spread (Stable) ±0.0221

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0868 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0868

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 4.3521) against the same month in 2013 (average: 4.4185), the exchange rate shifted by -0.0664 (-1.50%).

2014 Avg (May) 4.3521

2013 Avg (May) 4.4185

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4.2785	4.2136	4.2405
February	4.2816	4.2053	4.2559
March	4.3505	4.2511	4.2955
April	4.3713	4.3180	4.3490
May	4.3862	4.3221	4.3521
June	4.3767	4.3261	4.3509
July	4.3712	4.3066	4.3473
August	4.3138	4.2917	4.3035
September	4.3125	4.1566	4.2345
October	4.1848	4.1265	4.1477
November	4.1355	4.0716	4.1029
December	4.0962	4.0040	4.0374