2015 CDF to MRO Historical Review

YEARLY HIGH

0.3681 MRO

YEARLY LOW

0.3110 MRO

YEARLY AVERAGE

0.3339 MRO

2015 CDF to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the CDF to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 0.3681. Conversely, the yearly low was recorded on October 11, dropping to 0.3110.

This high-to-low spread represents a total annual volatility of 0.0571 MRO. From a start-to-finish perspective, comparing the January average rate of 0.3146 to the December average rate of 0.3288, the exchange rate registered a net change of 4.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.3681 was up 13.81% compared to the 2014 peak of 0.3234, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,841 MRO

2014 Average 1,582 MRO

Yearly Trough Low 1,555 MRO

Transaction Impact: A difference of 285.61 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.3554

0.3109

JanuMarcMayJulySeptNove

CDF to MRO 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 0.3291, compared to 0.3388 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0097 points.

H1 Avg (Jan–Jun) 0.3291

H2 Avg (Jul–Dec) 0.3388

Volatility Range Comparison

Volatility

The most volatile month in 2015 was October, with a trading range of 0.0423 MRO (High: 0.3533 / Low: 0.3110). On the other end, January was the most stable month, with a tight range of 0.0040 MRO (High: 0.3170 / Low: 0.3130).

October Spread (Volatile) ±0.0423

January Spread (Stable) ±0.0040

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0185 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0185

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2015: 0.3473) against the same month in 2014 (average: 0.3155), the exchange rate shifted by +0.0318 (+10.08%).

2015 Avg (November) 0.3473

2014 Avg (November) 0.3155

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3170	0.3130	0.3146
February	0.3181	0.3130	0.3149
March	0.3407	0.3125	0.3217
April	0.3412	0.3328	0.3384
May	0.3454	0.3282	0.3389
June	0.3540	0.3362	0.3461
July	0.3544	0.3466	0.3517
August	0.3548	0.3374	0.3467
September	0.3450	0.3154	0.3355
October	0.3533	0.3110	0.3227
November	0.3681	0.3398	0.3473
December	0.3379	0.3178	0.3288