2015 FJD to MAD Historical Review

YEARLY HIGH

4.9093 MAD

YEARLY LOW

4.4446 MAD

YEARLY AVERAGE

4.6679 MAD

2015 FJD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the FJD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 4.9093. Conversely, the yearly low was recorded on September 6, dropping to 4.4446.

This high-to-low spread represents a total annual volatility of 0.4647 MAD. From a start-to-finish perspective, comparing the January average rate of 4.6714 to the December average rate of 4.6441, the exchange rate registered a net change of -0.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 4.9093 was up 6.17% compared to the 2014 peak of 4.6241, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 24,546 MAD

2014 Average 22,373 MAD

Yearly Trough Low 22,223 MAD

Transaction Impact: A difference of 2,323.39 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

4.8926

4.4440

JanuMarcMayJulySeptNove

FJD 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 4.7468, compared to 4.5890 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1578 points.

H1 Avg (Jan–Jun) 4.7468

H2 Avg (Jul–Dec) 4.5890

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.1990 MAD (High: 4.7714 / Low: 4.5725). On the other end, September was the most stable month, with a tight range of 0.0618 MAD (High: 4.5064 / Low: 4.4446).

January Spread (Volatile) ±0.1990

September Spread (Stable) ±0.0618

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 May and June, when the average rate fell by 0.0919 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0919

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 4.8213) against the same month in 2014 (average: 4.3708), the exchange rate shifted by +0.4505 (+10.31%).

2015 Avg (March) 4.8213

2014 Avg (March) 4.3708

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4.7714	4.5725	4.6714
February	4.7300	4.6365	4.6762
March	4.9093	4.7203	4.8213
April	4.9049	4.7566	4.8552
May	4.8092	4.7370	4.7742
June	4.7333	4.6279	4.6824
July	4.6599	4.5903	4.6318
August	4.6449	4.4589	4.5695
September	4.5064	4.4446	4.4814
October	4.6433	4.4937	4.5652
November	4.6945	4.5995	4.6423
December	4.7164	4.6053	4.6441