2014 MOP to NGN Historical Review

YEARLY HIGH

23.1370 NGN

YEARLY LOW

19.8609 NGN

YEARLY AVERAGE

20.6717 NGN

2014 MOP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MOP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 23.1370. Conversely, the yearly low was recorded on January 4, dropping to 19.8609.

This high-to-low spread represents a total annual volatility of 3.2761 NGN. From a start-to-finish perspective, comparing the January average rate of 20.0333 to the December average rate of 22.7720, the exchange rate registered a net change of 13.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 23.1370 was up 12.97% compared to the 2013 peak of 20.4814, 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 115,685 NGN

2013 Average 99,679 NGN

Yearly Trough Low 99,305 NGN

Transaction Impact: A difference of 16,380.46 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

23.0458

19.7594

JanuMarcMayJulySeptNove

MOP to NGN 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 20.3563, compared to 20.9870 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6306 points.

H1 Avg (Jan–Jun) 20.3563

H2 Avg (Jul–Dec) 20.9870

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 1.6454 NGN (High: 22.3455 / Low: 20.7001). On the other end, March was the most stable month, with a tight range of 0.1491 NGN (High: 20.6721 / Low: 20.5229).

November Spread (Volatile) ±1.6454

March Spread (Stable) ±0.1491

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 0.3098 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.3098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 22.7720) against the same month in 2013 (average: 19.9235), the exchange rate shifted by +2.8484 (+14.30%).

2014 Avg (December) 22.7720

2013 Avg (December) 19.9235

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.3416	19.8609	20.0333
February	20.7281	20.3083	20.5103
March	20.6721	20.5229	20.6120
April	20.6356	20.1273	20.3022
May	20.4138	19.9039	20.2527
June	20.5107	20.3270	20.4276
July	20.4208	20.2508	20.3240
August	20.3837	20.1470	20.2918
September	20.5059	20.3066	20.4161
October	20.7262	20.4622	20.6104
November	22.3455	20.7001	21.5075
December	23.1370	22.4915	22.7720