2012 MOP to HNL Historical Review

YEARLY HIGH

2.4934 HNL

YEARLY LOW

2.3721 HNL

YEARLY AVERAGE

2.4177 HNL

2012 MOP to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MOP to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.4934. Conversely, the yearly low was recorded on January 2, dropping to 2.3721.

This high-to-low spread represents a total annual volatility of 0.1213 HNL. From a start-to-finish perspective, comparing the January average rate of 2.3817 to the December average rate of 2.4860, the exchange rate registered a net change of 4.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 2.4934 was up 5.10% compared to the 2011 peak of 2.3725, 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 12,467 HNL

2011 Average 11,792 HNL

Yearly Trough Low 11,860 HNL

Transaction Impact: A difference of 606.54 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

2.4964

2.3713

JanuMarcMayJulySeptNove

MOP to HNL 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 2.3840, compared to 2.4515 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0675 points.

H1 Avg (Jan–Jun) 2.3840

H2 Avg (Jul–Dec) 2.4515

Volatility Range Comparison

Volatility

The most volatile month in 2012 was August, with a trading range of 0.0604 HNL (High: 2.4517 / Low: 2.3913). On the other end, April was the most stable month, with a tight range of 0.0036 HNL (High: 2.3855 / Low: 2.3819).

August Spread (Volatile) ±0.0604

April Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0017 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 2.4860) against the same month in 2011 (average: 2.3663), the exchange rate shifted by +0.1197 (+5.06%).

2012 Avg (December) 2.4860

2011 Avg (December) 2.3663

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3873	2.3721	2.3817
February	2.3885	2.3836	2.3862
March	2.3868	2.3814	2.3845
April	2.3855	2.3819	2.3836
May	2.3856	2.3813	2.3836
June	2.3866	2.3748	2.3843
July	2.4280	2.3820	2.3865
August	2.4517	2.3913	2.4362
September	2.4607	2.4497	2.4564
October	2.4699	2.4602	2.4661
November	2.4821	2.4696	2.4778
December	2.4934	2.4786	2.4860