2015 CVE to MAD Historical Review

YEARLY HIGH

0.1003 MAD

YEARLY LOW

0.0965 MAD

YEARLY AVERAGE

0.0982 MAD

2015 CVE to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the CVE to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.1003. Conversely, the yearly low was recorded on November 30, dropping to 0.0965.

This high-to-low spread represents a total annual volatility of 0.0038 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0990 to the December average rate of 0.0978, the exchange rate registered a net change of -1.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.1003 was down 2.62% compared to the 2014 peak of 0.1030, 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 502 MAD

2014 Average 508 MAD

Yearly Trough Low 483 MAD

Transaction Impact: A difference of 18.99 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0992

0.0969

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 0.0982, compared to 0.0982 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0982

H2 Avg (Jul–Dec) 0.0982

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 0.0028 MAD (High: 0.1003 / Low: 0.0975). On the other end, February was the most stable month, with a tight range of 0.0008 MAD (High: 0.0987 / Low: 0.0980).

August Spread (Volatile) ±0.0028

February Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between March and May, 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 October and November, when the average rate fell by 0.0017 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 0.0990) against the same month in 2014 (average: 0.1020), the exchange rate shifted by -0.0030 (-2.93%).

2015 Avg (January) 0.0990

2014 Avg (January) 0.1020

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1003	0.0981	0.0990
February	0.0987	0.0980	0.0984
March	0.0982	0.0967	0.0974
April	0.0982	0.0966	0.0974
May	0.0999	0.0974	0.0987
June	0.0993	0.0972	0.0986
July	0.0986	0.0972	0.0979
August	0.1003	0.0975	0.0985
September	0.0996	0.0983	0.0989
October	0.0998	0.0977	0.0988
November	0.0982	0.0965	0.0971
December	0.0983	0.0967	0.0978