2011 MOP to CVE Historical Review

YEARLY HIGH

10.6670 CVE

YEARLY LOW

9.2577 CVE

YEARLY AVERAGE

9.8900 CVE

2011 MOP to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MOP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 10.6670. Conversely, the yearly low was recorded on May 4, dropping to 9.2577.

This high-to-low spread represents a total annual volatility of 1.4093 CVE. From a start-to-finish perspective, comparing the January average rate of 10.2987 to the December average rate of 10.4535, the exchange rate registered a net change of 1.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 10.6670 was down 7.28% compared to the 2010 peak of 11.5046, 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 53,335 CVE

2010 Average 52,007 CVE

Yearly Trough Low 46,289 CVE

Transaction Impact: A difference of 7,046.26 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

10.5460

9.4366

JanuMarcMayJulySeptNove

MOP to CVE 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 9.8142, compared to 9.9657 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1516 points.

H1 Avg (Jan–Jun) 9.8142

H2 Avg (Jul–Dec) 9.9657

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.7086 CVE (High: 10.4213 / Low: 9.7126). On the other end, August was the most stable month, with a tight range of 0.2272 CVE (High: 9.7077 / Low: 9.4805).

October Spread (Volatile) ±0.7086

August Spread (Stable) ±0.2272

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 0.2954 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.2954

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 10.2987) against the same month in 2010 (average: 9.6603), the exchange rate shifted by +0.6384 (+6.61%).

2011 Avg (January) 10.2987

2010 Avg (January) 9.6603

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.6670	10.0259	10.2987
February	10.2300	9.9403	10.0791
March	9.9834	9.6742	9.8244
April	9.7308	9.2708	9.5290
May	9.8184	9.2577	9.5925
June	9.7481	9.3926	9.5614
July	9.8277	9.4871	9.6255
August	9.7077	9.4805	9.5807
September	10.2184	9.6245	9.9671
October	10.4213	9.7126	10.0216
November	10.3961	9.9570	10.1461
December	10.6625	10.1958	10.4535