2014 MOP to CVE Historical Review

YEARLY HIGH

11.3339 CVE

YEARLY LOW

9.8178 CVE

YEARLY AVERAGE

10.3607 CVE

2014 MOP to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MOP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 11.3339. Conversely, the yearly low was recorded on March 14, dropping to 9.8178.

This high-to-low spread represents a total annual volatility of 1.5161 CVE. From a start-to-finish perspective, comparing the January average rate of 10.1010 to the December average rate of 11.1669, the exchange rate registered a net change of 10.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 11.3339 was up 4.94% compared to the 2013 peak of 10.8001, 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 56,670 CVE

2013 Average 51,903 CVE

Yearly Trough Low 49,089 CVE

Transaction Impact: A difference of 7,580.47 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

11.2908

9.8040

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 10.0275, compared to 10.6940 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6665 points.

H1 Avg (Jan–Jun) 10.0275

H2 Avg (Jul–Dec) 10.6940

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.3919 CVE (High: 10.8499 / Low: 10.4580). On the other end, June was the most stable month, with a tight range of 0.1058 CVE (High: 10.1670 / Low: 10.0613).

September Spread (Volatile) ±0.3919

June Spread (Stable) ±0.1058

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1317 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.1317

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 11.1669) against the same month in 2013 (average: 10.0531), the exchange rate shifted by +1.1138 (+11.08%).

2014 Avg (December) 11.1669

2013 Avg (December) 10.0531

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.1782	9.9891	10.1010
February	10.1782	9.9529	10.0597
March	10.0354	9.8178	9.9279
April	10.0438	9.9030	9.9534
May	10.1015	9.8703	10.0075
June	10.1670	10.0613	10.1154
July	10.2692	10.0507	10.1463
August	10.4399	10.2252	10.3143
September	10.8499	10.4580	10.6675
October	10.9506	10.7170	10.8432
November	11.0764	10.9037	11.0255
December	11.3339	11.0175	11.1669