2011 MOP to NIO Historical Review

YEARLY HIGH

2.8714 NIO

YEARLY LOW

2.4747 NIO

YEARLY AVERAGE

2.7259 NIO

2011 MOP to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MOP to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 2.8714. Conversely, the yearly low was recorded on January 2, dropping to 2.4747.

This high-to-low spread represents a total annual volatility of 0.3968 NIO. From a start-to-finish perspective, comparing the January average rate of 2.4768 to the December average rate of 2.8625, the exchange rate registered a net change of 15.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.8714 was up 15.22% compared to the 2010 peak of 2.4922, 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 14,357 NIO

2010 Average 12,222 NIO

Yearly Trough Low 12,373 NIO

Transaction Impact: A difference of 1,983.75 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.9010

2.4383

JanuMarcMayJulySeptNove

MOP to NIO 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 2.6250, compared to 2.8269 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2019 points.

H1 Avg (Jan–Jun) 2.6250

H2 Avg (Jul–Dec) 2.8269

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.2857 NIO (High: 2.7766 / Low: 2.4909). On the other end, January was the most stable month, with a tight range of 0.0040 NIO (High: 2.4787 / Low: 2.4747).

April Spread (Volatile) ±0.2857

January Spread (Stable) ±0.0040

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 2.8625) against the same month in 2010 (average: 2.4721), the exchange rate shifted by +0.3904 (+15.79%).

2011 Avg (December) 2.8625

2010 Avg (December) 2.4721

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4787	2.4747	2.4768
February	2.4832	2.4778	2.4810
March	2.4898	2.4815	2.4854
April	2.7766	2.4909	2.7350
May	2.7869	2.7765	2.7821
June	2.7969	2.7854	2.7898
July	2.8043	2.7932	2.7993
August	2.8154	2.8017	2.8084
September	2.8238	2.8134	2.8202
October	2.8338	2.8236	2.8283
November	2.8583	2.8320	2.8426
December	2.8714	2.8556	2.8625