2014 MAD to MOP Historical Review

YEARLY HIGH

0.9895 MOP

YEARLY LOW

0.8830 MOP

YEARLY AVERAGE

0.9506 MOP

2014 MAD to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MAD to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.9895. Conversely, the yearly low was recorded on December 31, dropping to 0.8830.

This high-to-low spread represents a total annual volatility of 0.1064 MOP. From a start-to-finish perspective, comparing the January average rate of 0.9708 to the December average rate of 0.8942, the exchange rate registered a net change of -7.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.9895 was up 0.65% compared to the 2013 peak of 0.9831, 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 4,947 MOP

2013 Average 4,752 MOP

Yearly Trough Low 4,415 MOP

Transaction Impact: A difference of 532.19 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.9917

0.8854

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 0.9753, compared to 0.9258 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0495 points.

H1 Avg (Jan–Jun) 0.9753

H2 Avg (Jul–Dec) 0.9258

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0287 MOP (High: 0.9420 / Low: 0.9132). On the other end, June was the most stable month, with a tight range of 0.0086 MOP (High: 0.9726 / Low: 0.9640).

September Spread (Volatile) ±0.0287

June Spread (Stable) ±0.0086

Growth Streaks & Declines

Trends

Between January and March, 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 August and September, when the average rate fell by 0.0246 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0246

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 0.9828) against the same month in 2013 (average: 0.9330), the exchange rate shifted by +0.0499 (+5.34%).

2014 Avg (March) 0.9828

2013 Avg (March) 0.9330

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9776	0.9657	0.9708
February	0.9810	0.9644	0.9725
March	0.9895	0.9763	0.9828
April	0.9852	0.9755	0.9819
May	0.9861	0.9689	0.9762
June	0.9726	0.9640	0.9678
July	0.9711	0.9560	0.9645
August	0.9580	0.9422	0.9522
September	0.9420	0.9132	0.9276
October	0.9217	0.9072	0.9142
November	0.9075	0.8988	0.9023
December	0.9054	0.8830	0.8942