2017 HNL to MOP Historical Review

YEARLY HIGH

0.3501 MOP

YEARLY LOW

0.3370 MOP

YEARLY AVERAGE

0.3419 MOP

2017 HNL to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HNL to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.3501. Conversely, the yearly low was recorded on January 21, dropping to 0.3370.

This high-to-low spread represents a total annual volatility of 0.0131 MOP. From a start-to-finish perspective, comparing the January average rate of 0.3422 to the December average rate of 0.3405, the exchange rate registered a net change of -0.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.3501 was down 2.48% compared to the 2016 peak of 0.3590, 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 1,750 MOP

2016 Average 1,756 MOP

Yearly Trough Low 1,685 MOP

Transaction Impact: A difference of 65.55 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.3452

0.3390

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 0.3413, compared to 0.3425 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.3413

H2 Avg (Jul–Dec) 0.3425

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0131 MOP (High: 0.3501 / Low: 0.3370). On the other end, May was the most stable month, with a tight range of 0.0027 MOP (High: 0.3431 / Low: 0.3404).

January Spread (Volatile) ±0.0131

May Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0027 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.3422) against the same month in 2016 (average: 0.3573), the exchange rate shifted by -0.0152 (-4.25%).

2017 Avg (January) 0.3422

2016 Avg (January) 0.3573

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3501	0.3370	0.3422
February	0.3415	0.3379	0.3395
March	0.3432	0.3388	0.3402
April	0.3441	0.3403	0.3419
May	0.3431	0.3404	0.3417
June	0.3452	0.3406	0.3426
July	0.3465	0.3420	0.3432
August	0.3474	0.3412	0.3447
September	0.3451	0.3403	0.3438
October	0.3441	0.3401	0.3422
November	0.3424	0.3388	0.3404
December	0.3419	0.3391	0.3405