2014 RON to MOP Historical Review

YEARLY HIGH

2.5078 MOP

YEARLY LOW

2.1631 MOP

YEARLY AVERAGE

2.3885 MOP

2014 RON to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the RON to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 2.5078. Conversely, the yearly low was recorded on December 31, dropping to 2.1631.

This high-to-low spread represents a total annual volatility of 0.3447 MOP. From a start-to-finish perspective, comparing the January average rate of 2.4078 to the December average rate of 2.2059, the exchange rate registered a net change of -8.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.5078 was up 0.64% compared to the 2013 peak of 2.4920, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,539 MOP

2013 Average 12,008 MOP

Yearly Trough Low 10,816 MOP

Transaction Impact: A difference of 1,723.41 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.5073

2.1785

JanuMarcMayJulySeptNove

RON 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 2.4536, compared to 2.3235 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1302 points.

H1 Avg (Jan–Jun) 2.4536

H2 Avg (Jul–Dec) 2.3235

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0952 MOP (High: 2.3870 / Low: 2.2918). On the other end, June was the most stable month, with a tight range of 0.0302 MOP (High: 2.4891 / Low: 2.4589).

September Spread (Volatile) ±0.0952

June Spread (Stable) ±0.0302

Growth Streaks & Declines

Trends

Between January and May, 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 August and September, when the average rate fell by 0.0675 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0675

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 2.4799) against the same month in 2013 (average: 2.3957), the exchange rate shifted by +0.0841 (+3.51%).

2014 Avg (May) 2.4799

2013 Avg (May) 2.3957

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4559	2.3894	2.4078
February	2.4492	2.4024	2.4291
March	2.4741	2.4266	2.4596
April	2.4920	2.4543	2.4734
May	2.5078	2.4664	2.4799
June	2.4891	2.4589	2.4721
July	2.4879	2.4179	2.4519
August	2.4181	2.3857	2.4039
September	2.3870	2.2918	2.3364
October	2.3160	2.2724	2.2939
November	2.2699	2.2326	2.2486
December	2.2455	2.1631	2.2059