2015 BOB to MAD Historical Review

YEARLY HIGH

1.4666 MAD

YEARLY LOW

1.3102 MAD

YEARLY AVERAGE

1.4118 MAD

2015 BOB to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the BOB to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 1.4666. Conversely, the yearly low was recorded on January 1, dropping to 1.3102.

This high-to-low spread represents a total annual volatility of 0.1563 MAD. From a start-to-finish perspective, comparing the January average rate of 1.3550 to the December average rate of 1.4332, the exchange rate registered a net change of 5.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.4666 was up 11.92% compared to the 2014 peak of 1.3103, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,333 MAD

2014 Average 6,087 MAD

Yearly Trough Low 6,551 MAD

Transaction Impact: A difference of 781.61 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.4538

1.3461

JanuMarcMayJulySeptNove

BOB 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 1.4030, compared to 1.4206 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0176 points.

H1 Avg (Jan–Jun) 1.4030

H2 Avg (Jul–Dec) 1.4206

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0900 MAD (High: 1.4003 / Low: 1.3102). On the other end, September was the most stable month, with a tight range of 0.0199 MAD (High: 1.4116 / Low: 1.3918).

January Spread (Volatile) ±0.0900

September Spread (Stable) ±0.0199

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 0.0285 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0285

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 1.4327) against the same month in 2014 (average: 1.1765), the exchange rate shifted by +0.2562 (+21.77%).

2015 Avg (March) 1.4327

2014 Avg (March) 1.1765

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4003	1.3102	1.3550
February	1.3931	1.3719	1.3810
March	1.4666	1.3958	1.4327
April	1.4567	1.4081	1.4370
May	1.4273	1.3865	1.4085
June	1.4253	1.3952	1.4042
July	1.4353	1.4123	1.4218
August	1.4324	1.3823	1.4136
September	1.4116	1.3918	1.4045
October	1.4275	1.3888	1.4056
November	1.4577	1.4226	1.4448
December	1.4557	1.4233	1.4332