2014 MRO to MOP Historical Review

YEARLY HIGH

0.0277 MOP

YEARLY LOW

0.0268 MOP

YEARLY AVERAGE

0.0273 MOP

2014 MRO to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MRO to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 8, valuing the pair at 0.0277. Conversely, the yearly low was recorded on March 30, dropping to 0.0268.

This high-to-low spread represents a total annual volatility of 0.0009 MOP. From a start-to-finish perspective, comparing the January average rate of 0.0275 to the December average rate of 0.0275, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0277 was down 8.67% compared to the 2013 peak of 0.0304, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MRO based on timing:

Yearly Peak High 139 MOP

2013 Average 136 MOP

Yearly Trough Low 134 MOP

Transaction Impact: A difference of 4.51 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0275

0.0270

JanuMarcMayJulySeptNove

MRO to MOP 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 0.0273, compared to 0.0274 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0273

H2 Avg (Jul–Dec) 0.0274

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 0.0007 MOP (High: 0.0275 / Low: 0.0268). On the other end, July was the most stable month, with a tight range of 0.0002 MOP (High: 0.0275 / Low: 0.0273).

March Spread (Volatile) ±0.0007

July Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and July, 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 March and April, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0275) against the same month in 2013 (average: 0.0274), the exchange rate shifted by +0.0001 (+0.31%).

2014 Avg (December) 0.0275

2013 Avg (December) 0.0274

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0277	0.0274	0.0275
February	0.0276	0.0273	0.0275
March	0.0275	0.0268	0.0273
April	0.0273	0.0268	0.0271
May	0.0274	0.0269	0.0272
June	0.0275	0.0272	0.0273
July	0.0275	0.0273	0.0274
August	0.0275	0.0272	0.0273
September	0.0275	0.0273	0.0274
October	0.0276	0.0271	0.0274
November	0.0275	0.0271	0.0273
December	0.0277	0.0273	0.0275