2014 SHP to MOP Historical Review

YEARLY HIGH

13.7039 MOP

YEARLY LOW

12.4170 MOP

YEARLY AVERAGE

13.1603 MOP

2014 SHP to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SHP to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 3, valuing the pair at 13.7039. Conversely, the yearly low was recorded on December 29, dropping to 12.4170.

This high-to-low spread represents a total annual volatility of 1.2869 MOP. From a start-to-finish perspective, comparing the January average rate of 13.1598 to the December average rate of 12.4931, the exchange rate registered a net change of -5.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 13.7039 was up 3.49% compared to the 2013 peak of 13.2412, 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 68,520 MOP

2013 Average 62,498 MOP

Yearly Trough Low 62,085 MOP

Transaction Impact: A difference of 6,434.63 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

13.7421

12.3795

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 13.3354, compared to 12.9853 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3501 points.

H1 Avg (Jan–Jun) 13.3354

H2 Avg (Jul–Dec) 12.9853

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.4348 MOP (High: 13.2741 / Low: 12.8393). On the other end, December was the most stable month, with a tight range of 0.1677 MOP (High: 12.5848 / Low: 12.4170).

September Spread (Volatile) ±0.4348

December Spread (Stable) ±0.1677

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.3094 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.3094

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 13.6285) against the same month in 2013 (average: 12.1180), the exchange rate shifted by +1.5106 (+12.47%).

2014 Avg (July) 13.6285

2013 Avg (July) 12.1180

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.2763	13.0619	13.1598
February	13.3949	13.0279	13.2327
March	13.3826	13.1664	13.2893
April	13.4697	13.2452	13.3755
May	13.5533	13.3521	13.4475
June	13.6482	13.3672	13.5074
July	13.7039	13.4824	13.6285
August	13.4816	13.2234	13.3329
September	13.2741	12.8393	13.0235
October	12.9410	12.6968	12.8427
November	12.7931	12.4659	12.5908
December	12.5848	12.4170	12.4931