2013 ILS to MOP Historical Review

YEARLY HIGH

2.3023 MOP

YEARLY LOW

2.1099 MOP

YEARLY AVERAGE

2.2139 MOP

2013 ILS to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the ILS to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.3023. Conversely, the yearly low was recorded on January 7, dropping to 2.1099.

This high-to-low spread represents a total annual volatility of 0.1924 MOP. From a start-to-finish perspective, comparing the January average rate of 2.1350 to the December average rate of 2.2805, the exchange rate registered a net change of 6.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 2.3023 was up 6.88% compared to the 2012 peak of 2.1540, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,511 MOP

2012 Average 10,371 MOP

Yearly Trough Low 10,549 MOP

Transaction Impact: A difference of 961.92 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

2.2950

2.1205

JanuMarcMayJulySeptNove

ILS 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 2.1803, compared to 2.2474 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0672 points.

H1 Avg (Jan–Jun) 2.1803

H2 Avg (Jul–Dec) 2.2474

Volatility Range Comparison

Volatility

The most volatile month in 2013 was May, with a trading range of 0.1000 MOP (High: 2.2587 / Low: 2.1586). On the other end, November was the most stable month, with a tight range of 0.0295 MOP (High: 2.2668 / Low: 2.2373).

May Spread (Volatile) ±0.1000

November Spread (Stable) ±0.0295

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0040 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 2.2805) against the same month in 2012 (average: 2.1125), the exchange rate shifted by +0.1680 (+7.95%).

2013 Avg (December) 2.2805

2012 Avg (December) 2.1125

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1495	2.1099	2.1350
February	2.1810	2.1445	2.1641
March	2.2080	2.1374	2.1717
April	2.2233	2.1931	2.2066
May	2.2587	2.1586	2.2027
June	2.2286	2.1657	2.2016
July	2.2365	2.1773	2.2169
August	2.2647	2.1870	2.2340
September	2.2819	2.1833	2.2375
October	2.2715	2.2403	2.2576
November	2.2668	2.2373	2.2580
December	2.3023	2.2647	2.2805