2014 ALL to MAD Historical Review

YEARLY HIGH

0.0805 MAD

YEARLY LOW

0.0784 MAD

YEARLY AVERAGE

0.0798 MAD

2014 ALL to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ALL to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 0.0805. Conversely, the yearly low was recorded on December 20, dropping to 0.0784.

This high-to-low spread represents a total annual volatility of 0.0021 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0798 to the December average rate of 0.0785, the exchange rate registered a net change of -1.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0805 was down 0.09% compared to the 2013 peak of 0.0805, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 402 MAD

2013 Average 398 MAD

Yearly Trough Low 392 MAD

Transaction Impact: A difference of 10.40 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0804

0.0784

JanuMarcMayJulySeptNove

ALL to MAD 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 0.0800, compared to 0.0795 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0800

H2 Avg (Jul–Dec) 0.0795

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0013 MAD (High: 0.0799 / Low: 0.0786). On the other end, April was the most stable month, with a tight range of 0.0003 MAD (High: 0.0803 / Low: 0.0801).

November Spread (Volatile) ±0.0013

April Spread (Stable) ±0.0003

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 August and September, when the average rate fell by 0.0009 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2014: 0.0802) against the same month in 2013 (average: 0.0798), the exchange rate shifted by +0.0004 (+0.55%).

2014 Avg (August) 0.0802

2013 Avg (August) 0.0798

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0802	0.0795	0.0798
February	0.0801	0.0796	0.0799
March	0.0803	0.0800	0.0801
April	0.0803	0.0801	0.0802
May	0.0805	0.0800	0.0802
June	0.0802	0.0799	0.0801
July	0.0805	0.0799	0.0801
August	0.0805	0.0800	0.0802
September	0.0799	0.0790	0.0793
October	0.0798	0.0790	0.0795
November	0.0799	0.0786	0.0790
December	0.0787	0.0784	0.0785