2014 MOP to SZL Historical Review

YEARLY HIGH

1.4642 SZL

YEARLY LOW

1.2921 SZL

YEARLY AVERAGE

1.3581 SZL

2014 MOP to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MOP to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 1.4642. Conversely, the yearly low was recorded on May 13, dropping to 1.2921.

This high-to-low spread represents a total annual volatility of 0.1721 SZL. From a start-to-finish perspective, comparing the January average rate of 1.3581 to the December average rate of 1.4392, the exchange rate registered a net change of 5.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.4642 was up 11.62% compared to the 2013 peak of 1.3118, 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 SZL

2013 Average 6,039 SZL

Yearly Trough Low 6,460 SZL

Transaction Impact: A difference of 860.68 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.4527

1.2901

JanuMarcMayJulySeptNove

MOP to SZL 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 1.3395, compared to 1.3766 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0371 points.

H1 Avg (Jan–Jun) 1.3395

H2 Avg (Jul–Dec) 1.3766

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0865 SZL (High: 1.4038 / Low: 1.3173). On the other end, August was the most stable month, with a tight range of 0.0220 SZL (High: 1.3455 / Low: 1.3235).

January Spread (Volatile) ±0.0865

August Spread (Stable) ±0.0220

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 0.0309 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0309

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.4392) against the same month in 2013 (average: 1.2983), the exchange rate shifted by +0.1409 (+10.85%).

2014 Avg (December) 1.4392

2013 Avg (December) 1.2983

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4038	1.3173	1.3581
February	1.4030	1.3423	1.3747
March	1.3614	1.3215	1.3438
April	1.3345	1.3054	1.3208
May	1.3184	1.2921	1.3037
June	1.3511	1.3175	1.3362
July	1.3503	1.3171	1.3356
August	1.3455	1.3235	1.3357
September	1.4096	1.3352	1.3739
October	1.4146	1.3648	1.3870
November	1.4124	1.3703	1.3884
December	1.4642	1.3799	1.4392