2012 GEL to MOP Historical Review

YEARLY HIGH

4.9377 MOP

YEARLY LOW

4.5931 MOP

YEARLY AVERAGE

4.7866 MOP

2012 GEL to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the GEL to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 14, valuing the pair at 4.9377. Conversely, the yearly low was recorded on September 9, dropping to 4.5931.

This high-to-low spread represents a total annual volatility of 0.3446 MOP. From a start-to-finish perspective, comparing the January average rate of 4.7896 to the December average rate of 4.8095, the exchange rate registered a net change of 0.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 4.9377 was up 0.96% compared to the 2011 peak of 4.8908, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 24,688 MOP

2011 Average 23,806 MOP

Yearly Trough Low 22,965 MOP

Transaction Impact: A difference of 1,722.85 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

4.9511

4.5874

JanuMarcMayJulySeptNove

GEL 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 4.8594, compared to 4.7138 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1456 points.

H1 Avg (Jan–Jun) 4.8594

H2 Avg (Jul–Dec) 4.7138

Volatility Range Comparison

Volatility

The most volatile month in 2012 was October, with a trading range of 0.2298 MOP (High: 4.8272 / Low: 4.5974). On the other end, January was the most stable month, with a tight range of 0.0239 MOP (High: 4.8050 / Low: 4.7811).

October Spread (Volatile) ±0.2298

January Spread (Stable) ±0.0239

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 June and July, when the average rate fell by 0.2334 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.2334

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2012: 4.9208) against the same month in 2011 (average: 4.7775), the exchange rate shifted by +0.1434 (+3.00%).

2012 Avg (May) 4.9208

2011 Avg (May) 4.7775

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4.8050	4.7811	4.7896
February	4.9171	4.7835	4.8187
March	4.8829	4.7940	4.8453
April	4.9125	4.8515	4.8899
May	4.9377	4.8983	4.9208
June	4.9182	4.8604	4.8922
July	4.7879	4.6021	4.6588
August	4.6466	4.6040	4.6277
September	4.6315	4.5931	4.6177
October	4.8272	4.5974	4.7658
November	4.8243	4.7822	4.8032
December	4.8321	4.7816	4.8095