2015 BMD to MAD Historical Review

YEARLY HIGH

10.1320 MAD

YEARLY LOW

9.0887 MAD

YEARLY AVERAGE

9.7489 MAD

2015 BMD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the BMD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 10.1320. Conversely, the yearly low was recorded on January 1, dropping to 9.0887.

This high-to-low spread represents a total annual volatility of 1.0432 MAD. From a start-to-finish perspective, comparing the January average rate of 9.3665 to the December average rate of 9.8931, the exchange rate registered a net change of 5.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 10.1320 was up 11.85% compared to the 2014 peak of 9.0588, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 50,660 MAD

2014 Average 42,071 MAD

Yearly Trough Low 45,444 MAD

Transaction Impact: A difference of 5,216.23 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

10.0403

9.3052

JanuMarcMayJulySeptNove

BMD 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 9.6903, compared to 9.8076 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1173 points.

H1 Avg (Jan–Jun) 9.6903

H2 Avg (Jul–Dec) 9.8076

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.5751 MAD (High: 9.6639 / Low: 9.0887). On the other end, September was the most stable month, with a tight range of 0.1262 MAD (High: 9.7466 / Low: 9.6203).

January Spread (Volatile) ±0.5751

September Spread (Stable) ±0.1262

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 April and May, when the average rate fell by 0.1905 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1905

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 9.8977) against the same month in 2014 (average: 8.1332), the exchange rate shifted by +1.7645 (+21.69%).

2015 Avg (March) 9.8977

2014 Avg (March) 8.1332

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.6639	9.0887	9.3665
February	9.6370	9.4702	9.5419
March	10.1320	9.6445	9.8977
April	10.0618	9.7218	9.9182
May	9.8616	9.5769	9.7277
June	9.8488	9.6217	9.6897
July	9.9041	9.7327	9.8112
August	9.8715	9.5296	9.7483
September	9.7466	9.6203	9.7012
October	9.8603	9.5883	9.7125
November	10.0695	9.8198	9.9790
December	10.0508	9.8356	9.8931