2015 BRL to MAD Historical Review

YEARLY HIGH

3.7399 MAD

YEARLY LOW

2.3493 MAD

YEARLY AVERAGE

2.9720 MAD

2015 BRL to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the BRL to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 3.7399. Conversely, the yearly low was recorded on September 23, dropping to 2.3493.

This high-to-low spread represents a total annual volatility of 1.3906 MAD. From a start-to-finish perspective, comparing the January average rate of 3.5556 to the December average rate of 2.5506, the exchange rate registered a net change of -28.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 3.7399 was down 2.24% compared to the 2014 peak of 3.8255, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 93,497 MAD

2014 Average 89,532 MAD

Yearly Trough Low 58,732 MAD

Transaction Impact: A difference of 34,764.80 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

3.6621

2.3846

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 3.2747, compared to 2.6692 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6055 points.

H1 Avg (Jan–Jun) 3.2747

H2 Avg (Jul–Dec) 2.6692

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.3594 MAD (High: 3.3939 / Low: 3.0345). On the other end, June was the most stable month, with a tight range of 0.0592 MAD (High: 3.1487 / Low: 3.0896).

March Spread (Volatile) ±0.3594

June Spread (Stable) ±0.0592

Growth Streaks & Declines

Trends

Between September and November, 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 August and September, when the average rate fell by 0.2897 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2897

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 3.5556) against the same month in 2014 (average: 3.4617), the exchange rate shifted by +0.0939 (+2.71%).

2015 Avg (January) 3.5556

2014 Avg (January) 3.4617

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.7399	3.3867	3.5556
February	3.5724	3.3145	3.3900
March	3.3939	3.0345	3.1506
April	3.3781	3.1272	3.2561
May	3.2617	3.0925	3.1858
June	3.1487	3.0896	3.1103
July	3.1457	2.8790	3.0515
August	2.8715	2.6557	2.7808
September	2.6285	2.3493	2.4911
October	2.5613	2.4251	2.5060
November	2.7092	2.5397	2.6352
December	2.6374	2.4702	2.5506