2011 MOP to BAM Historical Review

YEARLY HIGH

0.1893 BAM

YEARLY LOW

0.1647 BAM

YEARLY AVERAGE

0.1756 BAM

2011 MOP to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MOP to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.1893. Conversely, the yearly low was recorded on May 4, dropping to 0.1647.

This high-to-low spread represents a total annual volatility of 0.0246 BAM. From a start-to-finish perspective, comparing the January average rate of 0.1829 to the December average rate of 0.1854, the exchange rate registered a net change of 1.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1893 was down 7.27% compared to the 2010 peak of 0.2041, 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 946 BAM

2010 Average 923 BAM

Yearly Trough Low 823 BAM

Transaction Impact: A difference of 122.94 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1871

0.1676

JanuMarcMayJulySeptNove

MOP to BAM 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 0.1742, compared to 0.1769 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.1742

H2 Avg (Jul–Dec) 0.1769

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0117 BAM (High: 0.1843 / Low: 0.1725). On the other end, August was the most stable month, with a tight range of 0.0038 BAM (High: 0.1721 / Low: 0.1683).

October Spread (Volatile) ±0.0117

August Spread (Stable) ±0.0038

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 0.0051 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.1854) against the same month in 2010 (average: 0.1849), the exchange rate shifted by +0.0005 (+0.28%).

2011 Avg (December) 0.1854

2010 Avg (December) 0.1849

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1891	0.1781	0.1829
February	0.1813	0.1768	0.1789
March	0.1767	0.1718	0.1743
April	0.1722	0.1648	0.1692
May	0.1743	0.1647	0.1705
June	0.1724	0.1666	0.1697
July	0.1744	0.1684	0.1708
August	0.1721	0.1683	0.1701
September	0.1809	0.1702	0.1770
October	0.1843	0.1725	0.1779
November	0.1844	0.1770	0.1800
December	0.1893	0.1809	0.1854