2014 MOP to LSL Historical Review

YEARLY HIGH

1.4641 LSL

YEARLY LOW

1.2918 LSL

YEARLY AVERAGE

1.3579 LSL

2014 MOP to LSL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MOP to LSL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 1.4641. Conversely, the yearly low was recorded on May 14, dropping to 1.2918.

This high-to-low spread represents a total annual volatility of 0.1723 LSL. From a start-to-finish perspective, comparing the January average rate of 1.3585 to the December average rate of 1.4386, the exchange rate registered a net change of 5.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.4641 was up 11.63% compared to the 2013 peak of 1.3116, 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 7,321 LSL

2013 Average 6,038 LSL

Yearly Trough Low 6,459 LSL

Transaction Impact: A difference of 861.63 LSL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.4521

1.2901

JanuMarcMayJulySeptNove

MOP to LSL 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 1.3394, compared to 1.3764 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0370 points.

H1 Avg (Jan–Jun) 1.3394

H2 Avg (Jul–Dec) 1.3764

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0861 LSL (High: 1.4017 / Low: 1.3156). On the other end, August was the most stable month, with a tight range of 0.0234 LSL (High: 1.3471 / Low: 1.3237).

January Spread (Volatile) ±0.0861

August Spread (Stable) ±0.0234

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0304 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0304

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.4386) against the same month in 2013 (average: 1.2977), the exchange rate shifted by +0.1409 (+10.86%).

2014 Avg (December) 1.4386

2013 Avg (December) 1.2977

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4017	1.3156	1.3585
February	1.4011	1.3425	1.3741
March	1.3607	1.3207	1.3437
April	1.3346	1.3061	1.3205
May	1.3183	1.2918	1.3036
June	1.3514	1.3207	1.3359
July	1.3499	1.3133	1.3346
August	1.3471	1.3237	1.3352
September	1.4087	1.3340	1.3738
October	1.4158	1.3645	1.3869
November	1.4133	1.3705	1.3892
December	1.4641	1.3792	1.4386