2013 BND to MAD Historical Review

YEARLY HIGH

6.9853 MAD

YEARLY LOW

6.4100 MAD

YEARLY AVERAGE

6.7224 MAD

2013 BND to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the BND to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 6.9853. Conversely, the yearly low was recorded on December 29, dropping to 6.4100.

This high-to-low spread represents a total annual volatility of 0.5753 MAD. From a start-to-finish perspective, comparing the January average rate of 6.8447 to the December average rate of 6.5139, the exchange rate registered a net change of -4.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 6.9853 was down 3.23% compared to the 2012 peak of 7.2187, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 34,926 MAD

2012 Average 34,573 MAD

Yearly Trough Low 32,050 MAD

Transaction Impact: A difference of 2,876.41 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

6.9392

6.4753

JanuMarcMayJulySeptNove

BND 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 6.8235, compared to 6.6214 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2021 points.

H1 Avg (Jan–Jun) 6.8235

H2 Avg (Jul–Dec) 6.6214

Volatility Range Comparison

Volatility

The most volatile month in 2013 was January, with a trading range of 0.2588 MAD (High: 6.9422 / Low: 6.6834). On the other end, September was the most stable month, with a tight range of 0.0601 MAD (High: 6.6550 / Low: 6.5949).

January Spread (Volatile) ±0.2588

September Spread (Stable) ±0.0601

Growth Streaks & Declines

Trends

Between February and April, 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 May and June, when the average rate fell by 0.1457 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1457

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2013: 6.9005) against the same month in 2012 (average: 6.7720), the exchange rate shifted by +0.1285 (+1.90%).

2013 Avg (April) 6.9005

2012 Avg (April) 6.7720

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.9422	6.6834	6.8447
February	6.8603	6.6221	6.7480
March	6.9728	6.8195	6.8752
April	6.9853	6.8695	6.9005
May	6.9127	6.7784	6.8591
June	6.8206	6.6300	6.7133
July	6.7666	6.6200	6.7134
August	6.6592	6.5267	6.5976
September	6.6550	6.5949	6.6277
October	6.6709	6.5842	6.6203
November	6.7126	6.5771	6.6552
December	6.5900	6.4100	6.5139