2014 RSD to MOP Historical Review

YEARLY HIGH

0.0962 MOP

YEARLY LOW

0.0799 MOP

YEARLY AVERAGE

0.0906 MOP

2014 RSD to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the RSD to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 0.0962. Conversely, the yearly low was recorded on December 31, dropping to 0.0799.

This high-to-low spread represents a total annual volatility of 0.0163 MOP. From a start-to-finish perspective, comparing the January average rate of 0.0943 to the December average rate of 0.0810, the exchange rate registered a net change of -14.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0962 was down 2.17% compared to the 2013 peak of 0.0983, 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 481 MOP

2013 Average 469 MOP

Yearly Trough Low 399 MOP

Transaction Impact: A difference of 81.61 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0970

0.0795

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 0.0947, compared to 0.0865 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0082 points.

H1 Avg (Jan–Jun) 0.0947

H2 Avg (Jul–Dec) 0.0865

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0036 MOP (High: 0.0890 / Low: 0.0855). On the other end, June was the most stable month, with a tight range of 0.0006 MOP (High: 0.0943 / Low: 0.0936).

September Spread (Volatile) ±0.0036

June Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0038 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.0948) against the same month in 2013 (average: 0.0936), the exchange rate shifted by +0.0012 (+1.31%).

2014 Avg (May) 0.0948

2013 Avg (May) 0.0936

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0959	0.0933	0.0943
February	0.0951	0.0932	0.0942
March	0.0962	0.0947	0.0955
April	0.0960	0.0948	0.0955
May	0.0962	0.0940	0.0948
June	0.0943	0.0936	0.0940
July	0.0943	0.0915	0.0930
August	0.0917	0.0890	0.0906
September	0.0890	0.0855	0.0868
October	0.0856	0.0843	0.0849
November	0.0842	0.0824	0.0830
December	0.0825	0.0799	0.0810