2014 TTD to MOP Historical Review

YEARLY HIGH

1.2650 MOP

YEARLY LOW

1.2357 MOP

YEARLY AVERAGE

1.2519 MOP

2014 TTD to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TTD to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 1.2650. Conversely, the yearly low was recorded on April 18, dropping to 1.2357.

This high-to-low spread represents a total annual volatility of 0.0294 MOP. From a start-to-finish perspective, comparing the January average rate of 1.2479 to the December average rate of 1.2563, the exchange rate registered a net change of 0.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.2650 was up 1.07% compared to the 2013 peak of 1.2516, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,325 MOP

2013 Average 6,233 MOP

Yearly Trough Low 6,178 MOP

Transaction Impact: A difference of 146.82 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.2621

1.2379

JanuMarcMayJulySeptNove

TTD 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 1.2455, compared to 1.2584 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0130 points.

H1 Avg (Jan–Jun) 1.2455

H2 Avg (Jul–Dec) 1.2584

Volatility Range Comparison

Volatility

The most volatile month in 2014 was June, with a trading range of 0.0133 MOP (High: 1.2505 / Low: 1.2372). On the other end, January was the most stable month, with a tight range of 0.0049 MOP (High: 1.2509 / Low: 1.2459).

June Spread (Volatile) ±0.0133

January Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0128 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0128

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2014: 1.2594) against the same month in 2013 (average: 1.2454), the exchange rate shifted by +0.0140 (+1.13%).

2014 Avg (September) 1.2594

2013 Avg (September) 1.2454

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2509	1.2459	1.2479
February	1.2514	1.2454	1.2482
March	1.2542	1.2476	1.2528
April	1.2473	1.2357	1.2400
May	1.2444	1.2371	1.2400
June	1.2505	1.2372	1.2439
July	1.2591	1.2508	1.2557
August	1.2635	1.2544	1.2592
September	1.2650	1.2570	1.2594
October	1.2623	1.2559	1.2601
November	1.2629	1.2575	1.2598
December	1.2625	1.2509	1.2563