2013 MOP to ARS Historical Review

YEARLY HIGH

0.8155 ARS

YEARLY LOW

0.6152 ARS

YEARLY AVERAGE

0.6853 ARS

2013 MOP to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MOP to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.8155. Conversely, the yearly low was recorded on January 3, dropping to 0.6152.

This high-to-low spread represents a total annual volatility of 0.2003 ARS. From a start-to-finish perspective, comparing the January average rate of 0.6199 to the December average rate of 0.7930, the exchange rate registered a net change of 27.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.8155 was up 32.40% compared to the 2012 peak of 0.6159, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,077 ARS

2012 Average 2,846 ARS

Yearly Trough Low 3,076 ARS

Transaction Impact: A difference of 1,001.31 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.8103

0.6026

JanuMarcMayJulySeptNove

MOP to ARS 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 0.6414, compared to 0.7291 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0878 points.

H1 Avg (Jan–Jun) 0.6414

H2 Avg (Jul–Dec) 0.7291

Volatility Range Comparison

Volatility

The most volatile month in 2013 was December, with a trading range of 0.0476 ARS (High: 0.8155 / Low: 0.7679). On the other end, January was the most stable month, with a tight range of 0.0087 ARS (High: 0.6239 / Low: 0.6152).

December Spread (Volatile) ±0.0476

January Spread (Stable) ±0.0087

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 0.7930) against the same month in 2012 (average: 0.6112), the exchange rate shifted by +0.1818 (+29.74%).

2013 Avg (December) 0.7930

2012 Avg (December) 0.6112

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6239	0.6152	0.6199
February	0.6299	0.6209	0.6264
March	0.6407	0.6312	0.6364
April	0.6506	0.6403	0.6444
May	0.6611	0.6469	0.6543
June	0.6732	0.6607	0.6667
July	0.6898	0.6728	0.6808
August	0.7094	0.6886	0.6985
September	0.7252	0.7093	0.7178
October	0.7384	0.7247	0.7317
November	0.7685	0.7410	0.7529
December	0.8155	0.7679	0.7930