2012 HNL to MOP Historical Review

YEARLY HIGH

0.4216 MOP

YEARLY LOW

0.4011 MOP

YEARLY AVERAGE

0.4137 MOP

2012 HNL to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the HNL to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.4216. Conversely, the yearly low was recorded on December 31, dropping to 0.4011.

This high-to-low spread represents a total annual volatility of 0.0205 MOP. From a start-to-finish perspective, comparing the January average rate of 0.4199 to the December average rate of 0.4023, the exchange rate registered a net change of -4.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.4216 was down 1.62% compared to the 2011 peak of 0.4285, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,108 MOP

2011 Average 2,120 MOP

Yearly Trough Low 2,005 MOP

Transaction Impact: A difference of 102.55 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.4216

0.4005

JanuMarcMayJulySeptNove

HNL 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 0.4195, compared to 0.4080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0115 points.

H1 Avg (Jan–Jun) 0.4195

H2 Avg (Jul–Dec) 0.4080

Volatility Range Comparison

Volatility

The most volatile month in 2012 was August, with a trading range of 0.0103 MOP (High: 0.4182 / Low: 0.4079). On the other end, April was the most stable month, with a tight range of 0.0006 MOP (High: 0.4198 / Low: 0.4192).

August Spread (Volatile) ±0.0103

April Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0085 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2012: 0.4199) against the same month in 2011 (average: 0.4235), the exchange rate shifted by -0.0037 (-0.86%).

2012 Avg (January) 0.4199

2011 Avg (January) 0.4235

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4216	0.4189	0.4199
February	0.4195	0.4187	0.4191
March	0.4199	0.4190	0.4194
April	0.4198	0.4192	0.4195
May	0.4199	0.4192	0.4195
June	0.4211	0.4190	0.4194
July	0.4198	0.4119	0.4190
August	0.4182	0.4079	0.4105
September	0.4082	0.4064	0.4071
October	0.4065	0.4049	0.4055
November	0.4049	0.4029	0.4036
December	0.4035	0.4011	0.4023