2015 FKP to MAD Historical Review

YEARLY HIGH

15.4489 MAD

YEARLY LOW

13.9228 MAD

YEARLY AVERAGE

14.8992 MAD

2015 FKP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the FKP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 15.4489. Conversely, the yearly low was recorded on January 6, dropping to 13.9228.

This high-to-low spread represents a total annual volatility of 1.5261 MAD. From a start-to-finish perspective, comparing the January average rate of 14.1966 to the December average rate of 14.8306, the exchange rate registered a net change of 4.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 15.4489 was up 8.82% compared to the 2014 peak of 14.1968, 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 77,244 MAD

2014 Average 69,251 MAD

Yearly Trough Low 69,614 MAD

Transaction Impact: A difference of 7,630.35 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

15.3687

14.0900

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 14.7660, compared to 15.0325 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2665 points.

H1 Avg (Jan–Jun) 14.7660

H2 Avg (Jul–Dec) 15.0325

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.6064 MAD (High: 14.5292 / Low: 13.9228). On the other end, November was the most stable month, with a tight range of 0.2878 MAD (High: 15.2747 / Low: 14.9869).

January Spread (Volatile) ±0.6064

November Spread (Stable) ±0.2878

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.3212 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.3212

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2015: 15.2622) against the same month in 2014 (average: 14.1295), the exchange rate shifted by +1.1327 (+8.02%).

2015 Avg (July) 15.2622

2014 Avg (July) 14.1295

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.5292	13.9228	14.1966
February	14.8754	14.3798	14.6286
March	15.0323	14.5850	14.8121
April	15.0880	14.5999	14.8266
May	15.2759	14.6933	15.0269
June	15.3052	14.8441	15.1049
July	15.4489	15.0281	15.2622
August	15.4003	14.8961	15.1854
September	15.0721	14.6976	14.8730
October	15.1971	14.6886	14.8918
November	15.2747	14.9869	15.1518
December	15.1433	14.6040	14.8306