2013 MAD to MOP Historical Review

YEARLY HIGH

0.9831 MOP

YEARLY LOW

0.9232 MOP

YEARLY AVERAGE

0.9504 MOP

2013 MAD to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MAD to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.9831. Conversely, the yearly low was recorded on March 28, dropping to 0.9232.

This high-to-low spread represents a total annual volatility of 0.0599 MOP. From a start-to-finish perspective, comparing the January average rate of 0.9501 to the December average rate of 0.9736, the exchange rate registered a net change of 2.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.9831 was up 2.42% compared to the 2012 peak of 0.9598, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,915 MOP

2012 Average 4,627 MOP

Yearly Trough Low 4,616 MOP

Transaction Impact: A difference of 299.43 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.9776

0.9289

JanuMarcMayJulySeptNove

MAD 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 0.9424, compared to 0.9584 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0160 points.

H1 Avg (Jan–Jun) 0.9424

H2 Avg (Jul–Dec) 0.9584

Volatility Range Comparison

Volatility

The most volatile month in 2013 was February, with a trading range of 0.0317 MOP (High: 0.9725 / Low: 0.9408). On the other end, August was the most stable month, with a tight range of 0.0091 MOP (High: 0.9556 / Low: 0.9465).

February Spread (Volatile) ±0.0317

August Spread (Stable) ±0.0091

Growth Streaks & Declines

Trends

Between July and October, 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 February and March, when the average rate fell by 0.0232 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0232

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 0.9736) against the same month in 2012 (average: 0.9397), the exchange rate shifted by +0.0338 (+3.60%).

2013 Avg (December) 0.9736

2012 Avg (December) 0.9397

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9657	0.9364	0.9501
February	0.9725	0.9408	0.9561
March	0.9402	0.9232	0.9330
April	0.9430	0.9240	0.9360
May	0.9454	0.9260	0.9341
June	0.9569	0.9337	0.9451
July	0.9505	0.9233	0.9387
August	0.9556	0.9465	0.9518
September	0.9644	0.9409	0.9539
October	0.9798	0.9630	0.9704
November	0.9671	0.9560	0.9619
December	0.9831	0.9656	0.9736