2011 RSD to MOP Historical Review

YEARLY HIGH

0.1205 MOP

YEARLY LOW

0.0975 MOP

YEARLY AVERAGE

0.1099 MOP

2011 RSD to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the RSD to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 0.1205. Conversely, the yearly low was recorded on January 10, dropping to 0.0975.

This high-to-low spread represents a total annual volatility of 0.0230 MOP. From a start-to-finish perspective, comparing the January average rate of 0.1022 to the December average rate of 0.1025, the exchange rate registered a net change of 0.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1205 was up 0.36% compared to the 2010 peak of 0.1201, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 603 MOP

2010 Average 517 MOP

Yearly Trough Low 488 MOP

Transaction Impact: A difference of 115.09 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1188

0.1006

JanuMarcMayJulySeptNove

RSD 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 0.1108, compared to 0.1090 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.1108

H2 Avg (Jul–Dec) 0.1090

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.0093 MOP (High: 0.1196 / Low: 0.1103). On the other end, February was the most stable month, with a tight range of 0.0027 MOP (High: 0.1077 / Low: 0.1049).

April Spread (Volatile) ±0.0093

February Spread (Stable) ±0.0027

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 November and December, when the average rate fell by 0.0037 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.1173) against the same month in 2010 (average: 0.1019), the exchange rate shifted by +0.0154 (+15.11%).

2011 Avg (May) 0.1173

2010 Avg (May) 0.1019

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1059	0.0975	0.1022
February	0.1077	0.1049	0.1061
March	0.1111	0.1063	0.1090
April	0.1196	0.1103	0.1144
May	0.1205	0.1136	0.1173
June	0.1199	0.1125	0.1161
July	0.1161	0.1095	0.1125
August	0.1150	0.1111	0.1128
September	0.1145	0.1058	0.1099
October	0.1138	0.1046	0.1098
November	0.1101	0.1029	0.1062
December	0.1047	0.0979	0.1025