2011 MOP to TOP Historical Review

YEARLY HIGH

0.2356 TOP

YEARLY LOW

0.2001 TOP

YEARLY AVERAGE

0.2190 TOP

2011 MOP to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MOP to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.2356. Conversely, the yearly low was recorded on August 10, dropping to 0.2001.

This high-to-low spread represents a total annual volatility of 0.0354 TOP. From a start-to-finish perspective, comparing the January average rate of 0.2322 to the December average rate of 0.2167, the exchange rate registered a net change of -6.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.2356 was down 7.06% compared to the 2010 peak of 0.2535, 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 1,178 TOP

2010 Average 1,203 TOP

Yearly Trough Low 1,001 TOP

Transaction Impact: A difference of 177.14 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.2350

0.2011

JanuMarcMayJulySeptNove

MOP to TOP 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 0.2268, compared to 0.2112 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0157 points.

H1 Avg (Jan–Jun) 0.2268

H2 Avg (Jul–Dec) 0.2112

Volatility Range Comparison

Volatility

The most volatile month in 2011 was July, with a trading range of 0.0139 TOP (High: 0.2149 / Low: 0.2010). On the other end, February was the most stable month, with a tight range of 0.0005 TOP (High: 0.2316 / Low: 0.2311).

July Spread (Volatile) ±0.0139

February Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0082 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.2322) against the same month in 2010 (average: 0.2376), the exchange rate shifted by -0.0054 (-2.26%).

2011 Avg (January) 0.2322

2010 Avg (January) 0.2376

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2356	0.2311	0.2322
February	0.2316	0.2311	0.2312
March	0.2323	0.2298	0.2314
April	0.2328	0.2221	0.2287
May	0.2221	0.2194	0.2205
June	0.2181	0.2147	0.2171
July	0.2149	0.2010	0.2101
August	0.2058	0.2001	0.2040
September	0.2166	0.2032	0.2094
October	0.2184	0.2103	0.2137
November	0.2221	0.2099	0.2133
December	0.2192	0.2133	0.2167