2012 SHP to MOP Historical Review

YEARLY HIGH

13.0085 MOP

YEARLY LOW

12.2522 MOP

YEARLY AVERAGE

12.6632 MOP

2012 SHP to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the SHP to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 13.0085. Conversely, the yearly low was recorded on January 16, dropping to 12.2522.

This high-to-low spread represents a total annual volatility of 0.7564 MOP. From a start-to-finish perspective, comparing the January average rate of 12.4031 to the December average rate of 12.8783, the exchange rate registered a net change of 3.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 13.0085 was down 2.60% compared to the 2011 peak of 13.3554, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65,043 MOP

2011 Average 64,306 MOP

Yearly Trough Low 61,261 MOP

Transaction Impact: A difference of 3,781.79 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

12.9258

12.3556

JanuMarcMayJulySeptNove

SHP 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 12.6055, compared to 12.7209 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1154 points.

H1 Avg (Jan–Jun) 12.6055

H2 Avg (Jul–Dec) 12.7209

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.6164 MOP (High: 12.9754 / Low: 12.3590). On the other end, October was the most stable month, with a tight range of 0.1503 MOP (High: 12.9047 / Low: 12.7544).

May Spread (Volatile) ±0.6164

October Spread (Stable) ±0.1503

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.3117 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3117

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 12.8783) against the same month in 2011 (average: 12.5007), the exchange rate shifted by +0.3776 (+3.02%).

2012 Avg (December) 12.8783

2011 Avg (December) 12.5007

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.5982	12.2522	12.4031
February	12.7685	12.5155	12.6304
March	12.7833	12.4947	12.6529
April	12.9841	12.6693	12.7959
May	12.9754	12.3590	12.7312
June	12.5753	12.2577	12.4195
July	12.5780	12.3248	12.4659
August	12.6733	12.4239	12.5505
September	12.9892	12.6702	12.8558
October	12.9047	12.7544	12.8347
November	12.8897	12.6576	12.7404
December	13.0085	12.7805	12.8783