2014 MOP to SCR Historical Review

YEARLY HIGH

1.7880 SCR

YEARLY LOW

1.4927 SCR

YEARLY AVERAGE

1.5925 SCR

2014 MOP to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MOP to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 1.7880. Conversely, the yearly low was recorded on April 28, dropping to 1.4927.

This high-to-low spread represents a total annual volatility of 0.2953 SCR. From a start-to-finish perspective, comparing the January average rate of 1.5103 to the December average rate of 1.7502, the exchange rate registered a net change of 15.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.7880 was up 8.56% compared to the 2013 peak of 1.6471, 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 8,940 SCR

2013 Average 7,563 SCR

Yearly Trough Low 7,463 SCR

Transaction Impact: A difference of 1,476.73 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.8036

1.4836

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 1.5207, compared to 1.6643 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1436 points.

H1 Avg (Jan–Jun) 1.5207

H2 Avg (Jul–Dec) 1.6643

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.1371 SCR (High: 1.7789 / Low: 1.6417). On the other end, July was the most stable month, with a tight range of 0.0123 SCR (High: 1.5481 / Low: 1.5358).

October Spread (Volatile) ±0.1371

July Spread (Stable) ±0.0123

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0268 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0268

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.7502) against the same month in 2013 (average: 1.5099), the exchange rate shifted by +0.2402 (+15.91%).

2014 Avg (December) 1.7502

2013 Avg (December) 1.5099

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5215	1.5031	1.5103
February	1.5375	1.5112	1.5188
March	1.5300	1.5018	1.5185
April	1.5402	1.4927	1.5119
May	1.5691	1.5007	1.5278
June	1.5491	1.5180	1.5367
July	1.5481	1.5358	1.5412
August	1.6255	1.5399	1.5749
September	1.6480	1.6166	1.6365
October	1.7789	1.6417	1.7058
November	1.7876	1.7721	1.7770
December	1.7880	1.6660	1.7502