2015 MOP to TOP Historical Review

YEARLY HIGH

0.2869 TOP

YEARLY LOW

0.2459 TOP

YEARLY AVERAGE

0.2655 TOP

2015 MOP to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MOP to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.2869. Conversely, the yearly low was recorded on January 2, dropping to 0.2459.

This high-to-low spread represents a total annual volatility of 0.0410 TOP. From a start-to-finish perspective, comparing the January average rate of 0.2479 to the December average rate of 0.2815, the exchange rate registered a net change of 13.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.2869 was up 13.77% compared to the 2014 peak of 0.2522, 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 1,434 TOP

2014 Average 1,181 TOP

Yearly Trough Low 1,230 TOP

Transaction Impact: A difference of 204.84 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.2848

0.2445

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 0.2535, compared to 0.2774 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0240 points.

H1 Avg (Jan–Jun) 0.2535

H2 Avg (Jul–Dec) 0.2774

Volatility Range Comparison

Volatility

The most volatile month in 2015 was June, with a trading range of 0.0149 TOP (High: 0.2711 / Low: 0.2562). On the other end, April was the most stable month, with a tight range of 0.0021 TOP (High: 0.2556 / Low: 0.2534).

June Spread (Volatile) ±0.0149

April Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0024 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.2815) against the same month in 2014 (average: 0.2456), the exchange rate shifted by +0.0358 (+14.59%).

2015 Avg (December) 0.2815

2014 Avg (December) 0.2456

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2498	0.2459	0.2479
February	0.2545	0.2478	0.2514
March	0.2559	0.2480	0.2520
April	0.2556	0.2534	0.2543
May	0.2542	0.2519	0.2535
June	0.2711	0.2562	0.2618
July	0.2785	0.2668	0.2709
August	0.2836	0.2775	0.2785
September	0.2837	0.2697	0.2761
October	0.2811	0.2767	0.2793
November	0.2815	0.2764	0.2784
December	0.2869	0.2790	0.2815