2016 HNL to MOP Historical Review

YEARLY HIGH

0.3590 MOP

YEARLY LOW

0.3405 MOP

YEARLY AVERAGE

0.3513 MOP

2016 HNL to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HNL to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.3590. Conversely, the yearly low was recorded on December 21, dropping to 0.3405.

This high-to-low spread represents a total annual volatility of 0.0184 MOP. From a start-to-finish perspective, comparing the January average rate of 0.3573 to the December average rate of 0.3427, the exchange rate registered a net change of -4.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.3590 was down 6.34% compared to the 2015 peak of 0.3833, 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 1,795 MOP

2015 Average 1,840 MOP

Yearly Trough Low 1,703 MOP

Transaction Impact: A difference of 92.14 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.3588

0.3412

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 0.3544, compared to 0.3482 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0061 points.

H1 Avg (Jan–Jun) 0.3544

H2 Avg (Jul–Dec) 0.3482

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0068 MOP (High: 0.3509 / Low: 0.3441). On the other end, May was the most stable month, with a tight range of 0.0011 MOP (High: 0.3545 / Low: 0.3535).

November Spread (Volatile) ±0.0068

May Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between March and May, 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 November and December, when the average rate fell by 0.0043 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.3573) against the same month in 2015 (average: 0.3796), the exchange rate shifted by -0.0222 (-5.85%).

2016 Avg (January) 0.3573

2015 Avg (January) 0.3796

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3590	0.3560	0.3573
February	0.3567	0.3537	0.3551
March	0.3540	0.3519	0.3534
April	0.3546	0.3534	0.3539
May	0.3545	0.3535	0.3540
June	0.3537	0.3511	0.3522
July	0.3518	0.3500	0.3508
August	0.3511	0.3489	0.3496
September	0.3509	0.3491	0.3498
October	0.3509	0.3482	0.3495
November	0.3509	0.3441	0.3470
December	0.3448	0.3405	0.3427