2014 MOP to ZAR Historical Review

YEARLY HIGH

1.4643 ZAR

YEARLY LOW

1.2913 ZAR

YEARLY AVERAGE

1.3577 ZAR

2014 MOP to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MOP to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 1.4643. Conversely, the yearly low was recorded on May 14, dropping to 1.2913.

This high-to-low spread represents a total annual volatility of 0.1730 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.3578 to the December average rate of 1.4385, the exchange rate registered a net change of 5.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.4643 was up 11.50% compared to the 2013 peak of 1.3133, 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 ZAR

2013 Average 6,039 ZAR

Yearly Trough Low 6,456 ZAR

Transaction Impact: A difference of 865.22 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.4520

1.2894

JanuMarcMayJulySeptNove

MOP to ZAR 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 1.3390, compared to 1.3764 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0375 points.

H1 Avg (Jan–Jun) 1.3390

H2 Avg (Jul–Dec) 1.3764

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0929 ZAR (High: 1.4078 / Low: 1.3149). On the other end, August was the most stable month, with a tight range of 0.0235 ZAR (High: 1.3471 / Low: 1.3236).

January Spread (Volatile) ±0.0929

August Spread (Stable) ±0.0235

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0286 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0286

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.4385) against the same month in 2013 (average: 1.2974), the exchange rate shifted by +0.1411 (+10.87%).

2014 Avg (December) 1.4385

2013 Avg (December) 1.2974

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4078	1.3149	1.3578
February	1.4048	1.3418	1.3729
March	1.3631	1.3198	1.3443
April	1.3354	1.3035	1.3201
May	1.3219	1.2913	1.3030
June	1.3544	1.3241	1.3358
July	1.3492	1.3162	1.3352
August	1.3471	1.3236	1.3350
September	1.4108	1.3355	1.3745
October	1.4155	1.3612	1.3866
November	1.4140	1.3699	1.3889
December	1.4643	1.3780	1.4385