2011 MOP to SCR Historical Review

YEARLY HIGH

1.7271 SCR

YEARLY LOW

1.4989 SCR

YEARLY AVERAGE

1.5526 SCR

2011 MOP to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MOP to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 1.7271. Conversely, the yearly low was recorded on September 7, dropping to 1.4989.

This high-to-low spread represents a total annual volatility of 0.2282 SCR. From a start-to-finish perspective, comparing the January average rate of 1.5505 to the December average rate of 1.6654, the exchange rate registered a net change of 7.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.7271 was up 7.79% compared to the 2010 peak of 1.6023, 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 8,636 SCR

2010 Average 7,585 SCR

Yearly Trough Low 7,494 SCR

Transaction Impact: A difference of 1,141.21 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.6796

1.5098

JanuMarcMayJulySeptNove

MOP to SCR 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 1.5381, compared to 1.5671 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0290 points.

H1 Avg (Jan–Jun) 1.5381

H2 Avg (Jul–Dec) 1.5671

Volatility Range Comparison

Volatility

The most volatile month in 2011 was December, with a trading range of 0.1221 SCR (High: 1.7271 / Low: 1.6050). On the other end, February was the most stable month, with a tight range of 0.0453 SCR (High: 1.5560 / Low: 1.5107).

December Spread (Volatile) ±0.1221

February Spread (Stable) ±0.0453

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 May and June, when the average rate fell by 0.0157 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0157

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 1.6654) against the same month in 2010 (average: 1.5334), the exchange rate shifted by +0.1320 (+8.61%).

2011 Avg (December) 1.6654

2010 Avg (December) 1.5334

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5747	1.5186	1.5505
February	1.5560	1.5107	1.5365
March	1.5703	1.5079	1.5352
April	1.5582	1.5086	1.5293
May	1.5594	1.5132	1.5463
June	1.5567	1.5050	1.5306
July	1.5601	1.5010	1.5239
August	1.5617	1.4999	1.5261
September	1.5591	1.4989	1.5330
October	1.6034	1.5376	1.5627
November	1.6364	1.5606	1.5915
December	1.7271	1.6050	1.6654