2016 MOP to ARS Historical Review

YEARLY HIGH

2.0053 ARS

YEARLY LOW

1.6187 ARS

YEARLY AVERAGE

1.8459 ARS

2016 MOP to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MOP to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 2.0053. Conversely, the yearly low was recorded on January 2, dropping to 1.6187.

This high-to-low spread represents a total annual volatility of 0.3866 ARS. From a start-to-finish perspective, comparing the January average rate of 1.6919 to the December average rate of 1.9817, the exchange rate registered a net change of 17.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.0053 was up 20.62% compared to the 2015 peak of 1.6625, 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 10,026 ARS

2015 Average 5,800 ARS

Yearly Trough Low 8,093 ARS

Transaction Impact: A difference of 1,932.93 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.0107

1.6629

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 1.7900, compared to 1.9018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1118 points.

H1 Avg (Jan–Jun) 1.7900

H2 Avg (Jul–Dec) 1.9018

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.2150 ARS (High: 1.9695 / Low: 1.7545). On the other end, October was the most stable month, with a tight range of 0.0303 ARS (High: 1.9208 / Low: 1.8905).

February Spread (Volatile) ±0.2150

October Spread (Stable) ±0.0303

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0640 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0640

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1.9817) against the same month in 2015 (average: 1.4222), the exchange rate shifted by +0.5595 (+39.34%).

2016 Avg (December) 1.9817

2015 Avg (December) 1.4222

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7356	1.6187	1.6919
February	1.9695	1.7545	1.8454
March	1.9652	1.8096	1.8657
April	1.8494	1.7573	1.8018
May	1.7888	1.7393	1.7658
June	1.9069	1.7197	1.7692
July	1.8843	1.8259	1.8640
August	1.8812	1.8353	1.8571
September	1.9202	1.8688	1.8889
October	1.9208	1.8905	1.9003
November	1.9748	1.8696	1.9187
December	2.0053	1.9373	1.9817