2014 BRL to MAD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 BRL to MAD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the BRL to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 3.8255. Conversely, the yearly low was recorded on December 16, dropping to 3.2392.
This high-to-low spread represents a total annual volatility of 0.5863 MAD. From a start-to-finish perspective, comparing the January average rate of 3.4617 to the December average rate of 3.3797, the exchange rate registered a net change of -2.37% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 3.8255 was down 12.93% compared to the 2013 peak of 4.3935, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 BRL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
BRL to MAD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3.5715, compared to 3.5899 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0184 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was September, with a trading range of 0.2540 MAD (High: 3.8255 / Low: 3.5715). On the other end, July was the most stable month, with a tight range of 0.0662 MAD (High: 3.7485 / Low: 3.6823).
Growth Streaks & Declines
TrendsBetween February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1226 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2014: 3.6924) against the same month in 2013 (average: 3.6866), the exchange rate shifted by +0.0058 (+0.16%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.5272 | 3.3727 | 3.4617 |
| February | 3.5232 | 3.4013 | 3.4484 |
| March | 3.6175 | 3.4342 | 3.4971 |
| April | 3.7020 | 3.5899 | 3.6444 |
| May | 3.7158 | 3.6306 | 3.6833 |
| June | 3.7472 | 3.6179 | 3.6940 |
| July | 3.7485 | 3.6823 | 3.7223 |
| August | 3.7914 | 3.6480 | 3.7008 |
| September | 3.8255 | 3.5715 | 3.6924 |
| October | 3.6553 | 3.4797 | 3.5698 |
| November | 3.5694 | 3.3943 | 3.4741 |
| December | 3.4831 | 3.2392 | 3.3797 |