2011 MMK to MOP Historical Review

YEARLY HIGH

1.2549 MOP

YEARLY LOW

1.2285 MOP

YEARLY AVERAGE

1.2358 MOP

2011 MMK to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MMK to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 9, valuing the pair at 1.2549. Conversely, the yearly low was recorded on December 2, dropping to 1.2285.

This high-to-low spread represents a total annual volatility of 0.0264 MOP. From a start-to-finish perspective, comparing the January average rate of 1.2309 to the December average rate of 1.2368, the exchange rate registered a net change of 0.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.2549 was up 1.78% compared to the 2010 peak of 1.2329, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,274 MOP

2010 Average 6,150 MOP

Yearly Trough Low 6,143 MOP

Transaction Impact: A difference of 131.89 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.2472

1.2285

JanuMarcMayJulySeptNove

MMK 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 1.2311, compared to 1.2406 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0095 points.

H1 Avg (Jan–Jun) 1.2311

H2 Avg (Jul–Dec) 1.2406

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 0.0235 MOP (High: 1.2534 / Low: 1.2299). On the other end, February was the most stable month, with a tight range of 0.0011 MOP (High: 1.2321 / Low: 1.2310).

November Spread (Volatile) ±0.0235

February Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0045 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 1.2421) against the same month in 2010 (average: 1.2301), the exchange rate shifted by +0.0120 (+0.98%).

2011 Avg (August) 1.2421

2010 Avg (August) 1.2301

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2322	1.2299	1.2309
February	1.2321	1.2310	1.2316
March	1.2326	1.2310	1.2319
April	1.2319	1.2290	1.2301
May	1.2316	1.2286	1.2301
June	1.2339	1.2305	1.2318
July	1.2528	1.2312	1.2364
August	1.2549	1.2317	1.2421
September	1.2537	1.2320	1.2457
October	1.2525	1.2312	1.2411
November	1.2534	1.2299	1.2412
December	1.2493	1.2285	1.2368