2015 SAR to MOP Historical Review

YEARLY HIGH

2.1472 MOP

YEARLY LOW

2.1005 MOP

YEARLY AVERAGE

2.1285 MOP

2015 SAR to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the SAR to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 2.1472. Conversely, the yearly low was recorded on December 5, dropping to 2.1005.

This high-to-low spread represents a total annual volatility of 0.0467 MOP. From a start-to-finish perspective, comparing the January average rate of 2.1283 to the December average rate of 2.1238, the exchange rate registered a net change of -0.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 2.1472 was up 0.23% compared to the 2014 peak of 2.1422, 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 10,736 MOP

2014 Average 10,649 MOP

Yearly Trough Low 10,503 MOP

Transaction Impact: A difference of 233.50 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

2.1345

2.1228

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 2.1290, compared to 2.1281 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 2.1290

H2 Avg (Jul–Dec) 2.1281

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.0343 MOP (High: 2.1348 / Low: 2.1005). On the other end, September was the most stable month, with a tight range of 0.0083 MOP (High: 2.1356 / Low: 2.1273).

December Spread (Volatile) ±0.0343

September Spread (Stable) ±0.0083

Growth Streaks & Declines

Trends

Between June and October, 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 March and April, when the average rate fell by 0.0097 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0097

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 2.1335) against the same month in 2014 (average: 2.1313), the exchange rate shifted by +0.0023 (+0.11%).

2015 Avg (March) 2.1335

2014 Avg (March) 2.1313

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1398	2.1193	2.1283
February	2.1354	2.1215	2.1294
March	2.1472	2.1141	2.1335
April	2.1292	2.1135	2.1238
May	2.1444	2.1252	2.1309
June	2.1384	2.1185	2.1278
July	2.1400	2.1133	2.1279
August	2.1351	2.1138	2.1279
September	2.1356	2.1273	2.1293
October	2.1428	2.1231	2.1299
November	2.1337	2.1250	2.1296
December	2.1348	2.1005	2.1238