2013 CVE to MAD Historical Review

YEARLY HIGH

0.1027 MAD

YEARLY LOW

0.1002 MAD

YEARLY AVERAGE

0.1014 MAD

2013 CVE to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the CVE to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 30, valuing the pair at 0.1027. Conversely, the yearly low was recorded on January 15, dropping to 0.1002.

This high-to-low spread represents a total annual volatility of 0.0026 MAD. From a start-to-finish perspective, comparing the January average rate of 0.1012 to the December average rate of 0.1022, the exchange rate registered a net change of 0.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.1027 was up 0.27% compared to the 2012 peak of 0.1024, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 514 MAD

2012 Average 502 MAD

Yearly Trough Low 501 MAD

Transaction Impact: A difference of 12.77 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.1025

0.1005

JanuMarcMayJulySeptNove

CVE 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 0.1010, compared to 0.1018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.1010

H2 Avg (Jul–Dec) 0.1018

Volatility Range Comparison

Volatility

The most volatile month in 2013 was March, with a trading range of 0.0020 MAD (High: 0.1024 / Low: 0.1003). On the other end, September was the most stable month, with a tight range of 0.0006 MAD (High: 0.1024 / Low: 0.1019).

March Spread (Volatile) ±0.0020

September Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2013: 0.1023) against the same month in 2012 (average: 0.1006), the exchange rate shifted by +0.0017 (+1.65%).

2013 Avg (October) 0.1023

2012 Avg (October) 0.1006

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1018	0.1002	0.1012
February	0.1018	0.1009	0.1013
March	0.1024	0.1003	0.1007
April	0.1017	0.1002	0.1007
May	0.1024	0.1003	0.1008
June	0.1026	0.1006	0.1011
July	0.1021	0.1003	0.1009
August	0.1023	0.1006	0.1016
September	0.1024	0.1019	0.1022
October	0.1027	0.1019	0.1023
November	0.1025	0.1013	0.1019
December	0.1026	0.1018	0.1022