2016 MOP to TOP Historical Review

YEARLY HIGH

0.2915 TOP

YEARLY LOW

0.2718 TOP

YEARLY AVERAGE

0.2816 TOP

2016 MOP to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MOP to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 7, valuing the pair at 0.2915. Conversely, the yearly low was recorded on November 9, dropping to 0.2718.

This high-to-low spread represents a total annual volatility of 0.0197 TOP. From a start-to-finish perspective, comparing the January average rate of 0.2814 to the December average rate of 0.2850, the exchange rate registered a net change of 1.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2915 was up 1.60% compared to the 2015 peak of 0.2869, 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 1,457 TOP

2015 Average 1,328 TOP

Yearly Trough Low 1,359 TOP

Transaction Impact: A difference of 98.30 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2857

0.2775

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 0.2815, compared to 0.2818 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.2815

H2 Avg (Jul–Dec) 0.2818

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0148 TOP (High: 0.2866 / Low: 0.2718). On the other end, September was the most stable month, with a tight range of 0.0030 TOP (High: 0.2827 / Low: 0.2797).

November Spread (Volatile) ±0.0148

September Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between October and December, 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 September and October, when the average rate fell by 0.0033 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.2840) against the same month in 2015 (average: 0.2514), the exchange rate shifted by +0.0326 (+12.98%).

2016 Avg (February) 0.2840

2015 Avg (February) 0.2514

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2863	0.2787	0.2814
February	0.2915	0.2798	0.2840
March	0.2834	0.2796	0.2820
April	0.2808	0.2765	0.2790
May	0.2848	0.2779	0.2816
June	0.2853	0.2772	0.2807
July	0.2869	0.2809	0.2834
August	0.2843	0.2812	0.2827
September	0.2827	0.2797	0.2815
October	0.2825	0.2756	0.2782
November	0.2866	0.2718	0.2801
December	0.2914	0.2794	0.2850