2015 DJF to MAD Historical Review

YEARLY HIGH

0.0569 MAD

YEARLY LOW

0.0509 MAD

YEARLY AVERAGE

0.0549 MAD

2015 DJF to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the DJF to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 0.0569. Conversely, the yearly low was recorded on January 1, dropping to 0.0509.

This high-to-low spread represents a total annual volatility of 0.0061 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0527 to the December average rate of 0.0557, the exchange rate registered a net change of 5.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0569 was up 12.15% compared to the 2014 peak of 0.0508, 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 285 MAD

2014 Average 236 MAD

Yearly Trough Low 254 MAD

Transaction Impact: A difference of 30.31 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0565

0.0523

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 0.0545, compared to 0.0552 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0545

H2 Avg (Jul–Dec) 0.0552

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0036 MAD (High: 0.0544 / Low: 0.0509). On the other end, September was the most stable month, with a tight range of 0.0007 MAD (High: 0.0549 / Low: 0.0542).

January Spread (Volatile) ±0.0036

September Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0010 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 0.0557) against the same month in 2014 (average: 0.0457), the exchange rate shifted by +0.0100 (+21.86%).

2015 Avg (March) 0.0557

2014 Avg (March) 0.0457

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0544	0.0509	0.0527
February	0.0540	0.0532	0.0536
March	0.0569	0.0541	0.0557
April	0.0567	0.0548	0.0559
May	0.0557	0.0540	0.0548
June	0.0556	0.0543	0.0547
July	0.0558	0.0548	0.0553
August	0.0556	0.0536	0.0549
September	0.0549	0.0542	0.0547
October	0.0555	0.0540	0.0547
November	0.0567	0.0553	0.0562
December	0.0566	0.0554	0.0557