2013 DJF to MAD Historical Review

YEARLY HIGH

0.0489 MAD

YEARLY LOW

0.0458 MAD

YEARLY AVERAGE

0.0474 MAD

2013 DJF to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the DJF to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 27, valuing the pair at 0.0489. Conversely, the yearly low was recorded on December 11, dropping to 0.0458.

This high-to-low spread represents a total annual volatility of 0.0031 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0473 to the December average rate of 0.0461, the exchange rate registered a net change of -2.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0489 was down 4.29% compared to the 2012 peak of 0.0510, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 244 MAD

2012 Average 242 MAD

Yearly Trough Low 229 MAD

Transaction Impact: A difference of 15.52 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0485

0.0458

JanuMarcMayJulySeptNove

DJF 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 0.0478, compared to 0.0469 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0478

H2 Avg (Jul–Dec) 0.0469

Volatility Range Comparison

Volatility

The most volatile month in 2013 was February, with a trading range of 0.0018 MAD (High: 0.0480 / Low: 0.0462). On the other end, August was the most stable month, with a tight range of 0.0006 MAD (High: 0.0476 / Low: 0.0470).

February Spread (Volatile) ±0.0018

August Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0007 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2013: 0.0483) against the same month in 2012 (average: 0.0473), the exchange rate shifted by +0.0010 (+2.17%).

2013 Avg (March) 0.0483

2012 Avg (March) 0.0473

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0480	0.0466	0.0473
February	0.0480	0.0462	0.0471
March	0.0489	0.0480	0.0483
April	0.0487	0.0479	0.0482
May	0.0487	0.0477	0.0483
June	0.0482	0.0470	0.0476
July	0.0487	0.0472	0.0479
August	0.0476	0.0470	0.0472
September	0.0477	0.0466	0.0471
October	0.0469	0.0459	0.0464
November	0.0471	0.0464	0.0468
December	0.0466	0.0458	0.0461