2014 XDR to MOP Historical Review

YEARLY HIGH

12.4315 MOP

YEARLY LOW

11.5772 MOP

YEARLY AVERAGE

12.1393 MOP

2014 XDR to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the XDR to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 12.4315. Conversely, the yearly low was recorded on December 31, dropping to 11.5772.

This high-to-low spread represents a total annual volatility of 0.8544 MOP. From a start-to-finish perspective, comparing the January average rate of 12.2731 to the December average rate of 11.6344, the exchange rate registered a net change of -5.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 12.4315 was up 0.43% compared to the 2013 peak of 12.3781, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 62,158 MOP

2013 Average 60,698 MOP

Yearly Trough Low 57,886 MOP

Transaction Impact: A difference of 4,271.77 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

12.4441

11.5607

JanuMarcMayJulySeptNove

XDR 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 12.3286, compared to 11.9500 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3786 points.

H1 Avg (Jan–Jun) 12.3286

H2 Avg (Jul–Dec) 11.9500

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.2600 MOP (High: 12.1232 / Low: 11.8633). On the other end, June was the most stable month, with a tight range of 0.0720 MOP (High: 12.3442 / Low: 12.2723).

September Spread (Volatile) ±0.2600

June Spread (Stable) ±0.0720

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.2075 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2075

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 12.3513) against the same month in 2013 (average: 11.9854), the exchange rate shifted by +0.3659 (+3.05%).

2014 Avg (May) 12.3513

2013 Avg (May) 11.9854

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.3483	12.2201	12.2731
February	12.3771	12.2377	12.3027
March	12.4276	12.3273	12.3705
April	12.4040	12.3073	12.3685
May	12.4315	12.3027	12.3513
June	12.3442	12.2723	12.3057
July	12.3578	12.2270	12.3078
August	12.2333	12.1210	12.1878
September	12.1232	11.8633	11.9803
October	11.9461	11.8103	11.8798
November	11.8085	11.6627	11.7100
December	11.7373	11.5772	11.6344