2013 SAR to MOP Historical Review

YEARLY HIGH

2.1458 MOP

YEARLY LOW

2.1140 MOP

YEARLY AVERAGE

2.1301 MOP

2013 SAR to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the SAR to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 2.1458. Conversely, the yearly low was recorded on July 10, dropping to 2.1140.

This high-to-low spread represents a total annual volatility of 0.0319 MOP. From a start-to-finish perspective, comparing the January average rate of 2.1273 to the December average rate of 2.1298, the exchange rate registered a net change of 0.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 2.1458 was up 0.27% compared to the 2012 peak of 2.1401, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,729 MOP

2012 Average 10,652 MOP

Yearly Trough Low 10,570 MOP

Transaction Impact: A difference of 159.32 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

2.1335

2.1268

JanuMarcMayJulySeptNove

SAR 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 2.1310, compared to 2.1292 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 2.1310

H2 Avg (Jul–Dec) 2.1292

Volatility Range Comparison

Volatility

The most volatile month in 2013 was July, with a trading range of 0.0241 MOP (High: 2.1381 / Low: 2.1140). On the other end, August was the most stable month, with a tight range of 0.0102 MOP (High: 2.1328 / Low: 2.1226).

July Spread (Volatile) ±0.0241

August Spread (Stable) ±0.0102

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0019 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2013: 2.1317) against the same month in 2012 (average: 2.1300), the exchange rate shifted by +0.0016 (+0.08%).

2013 Avg (February) 2.1317

2012 Avg (February) 2.1300

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1336	2.1162	2.1273
February	2.1458	2.1255	2.1317
March	2.1434	2.1230	2.1316
April	2.1409	2.1216	2.1310
May	2.1415	2.1272	2.1329
June	2.1412	2.1211	2.1313
July	2.1381	2.1140	2.1294
August	2.1328	2.1226	2.1292
September	2.1360	2.1197	2.1286
October	2.1347	2.1227	2.1296
November	2.1348	2.1236	2.1289
December	2.1409	2.1266	2.1298