YEARLY HIGH
13.7175 MAD
YEARLY LOW
12.7207 MAD
YEARLY AVERAGE
13.1499 MAD

2013 FKP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the FKP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 13.7175. Conversely, the yearly low was recorded on March 12, dropping to 12.7207.

This high-to-low spread represents a total annual volatility of 0.9969 MAD. From a start-to-finish perspective, comparing the January average rate of 13.4185 to the December average rate of 13.4364, the exchange rate registered a net change of 0.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 13.7175 was down 2.72% compared to the 2012 peak of 14.1018, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 68,588 MAD
2012 Average 68,435 MAD
Yearly Trough Low 63,603 MAD
Transaction Impact: A difference of 4,984.35 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

13.4891
12.8571
JanuMarcMayJulySeptNove

FKP 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 13.0926, compared to 13.2072 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1146 points.

H1 Avg (Jan–Jun) 13.0926
H2 Avg (Jul–Dec) 13.2072

Volatility Range Comparison

Volatility

The most volatile month in 2013 was January, with a trading range of 0.6543 MAD (High: 13.7175 / Low: 13.0632). On the other end, June was the most stable month, with a tight range of 0.1823 MAD (High: 13.1533 / Low: 12.9710).

January Spread (Volatile) ±0.6543
June Spread (Stable) ±0.1823

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 January and February, when the average rate fell by 0.4651 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4651

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 13.4185) against the same month in 2012 (average: 13.3612), the exchange rate shifted by +0.0573 (+0.43%).

2013 Avg (January) 13.4185
2012 Avg (January) 13.3612

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.7175 13.0632 13.4185
February 13.2038 12.7850 12.9534
March 13.1454 12.7207 12.9285
April 13.2103 12.9733 13.0770
May 13.2203 12.9638 13.0975
June 13.1533 12.9710 13.0805
July 13.0583 12.7751 12.9097
August 13.1167 12.7704 13.0046
September 13.3920 13.0951 13.2815
October 13.4072 13.1082 13.2384
November 13.5198 13.1792 13.3724
December 13.5394 13.2970 13.4364