2018 MOP to CVE Historical Review

YEARLY HIGH

12.1999 CVE

YEARLY LOW

10.9969 CVE

YEARLY AVERAGE

11.6074 CVE

2018 MOP to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MOP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 12.1999. Conversely, the yearly low was recorded on March 26, dropping to 10.9969.

This high-to-low spread represents a total annual volatility of 1.2030 CVE. From a start-to-finish perspective, comparing the January average rate of 11.2765 to the December average rate of 12.0576, the exchange rate registered a net change of 6.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 12.1999 was down 7.61% compared to the 2017 peak of 13.2041, 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 60,999 CVE

2017 Average 61,123 CVE

Yearly Trough Low 54,985 CVE

Transaction Impact: A difference of 6,014.82 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

12.1521

11.0184

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 11.3245, compared to 11.8902 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5657 points.

H1 Avg (Jan–Jun) 11.3245

H2 Avg (Jul–Dec) 11.8902

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.5361 CVE (High: 11.5354 / Low: 10.9993). On the other end, September was the most stable month, with a tight range of 0.1575 CVE (High: 11.8229 / Low: 11.6654).

January Spread (Volatile) ±0.5361

September Spread (Stable) ±0.1575

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.1521 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1521

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 12.0576) against the same month in 2017 (average: 11.6102), the exchange rate shifted by +0.4475 (+3.85%).

2018 Avg (December) 12.0576

2017 Avg (December) 11.6102

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.5354	10.9993	11.2765
February	11.2558	11.0130	11.1243
March	11.2552	10.9969	11.1129
April	11.3213	11.0588	11.1592
May	11.7946	11.3398	11.5531
June	11.8362	11.5375	11.7213
July	11.7990	11.5919	11.7018
August	12.0594	11.6897	11.8509
September	11.8229	11.6654	11.7434
October	12.1199	11.8066	11.9316
November	12.1568	11.9640	12.0561
December	12.1999	11.9591	12.0576