2013 GIP to MAD Historical Review

YEARLY HIGH

13.8368 MAD

YEARLY LOW

12.7704 MAD

YEARLY AVERAGE

13.2365 MAD

2013 GIP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the GIP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 13.8368. Conversely, the yearly low was recorded on August 1, dropping to 12.7704.

This high-to-low spread represents a total annual volatility of 1.0664 MAD. From a start-to-finish perspective, comparing the January average rate of 13.4163 to the December average rate of 13.4364, the exchange rate registered a net change of 0.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 13.8368 was down 3.23% compared to the 2012 peak of 14.2980, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 69,184 MAD

2012 Average 68,479 MAD

Yearly Trough Low 63,852 MAD

Transaction Impact: A difference of 5,332.24 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

13.7731

12.8313

JanuMarcMayJulySeptNove

GIP 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 13.2658, compared to 13.2072 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0587 points.

H1 Avg (Jan–Jun) 13.2658

H2 Avg (Jul–Dec) 13.2072

Volatility Range Comparison

Volatility

The most volatile month in 2013 was April, with a trading range of 0.8377 MAD (High: 13.8110 / Low: 12.9733). On the other end, June was the most stable month, with a tight range of 0.1823 MAD (High: 13.1533 / Low: 12.9710).

April Spread (Volatile) ±0.8377

June Spread (Stable) ±0.1823

Growth Streaks & Declines

Trends

Between July and September, 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 March and April, when the average rate fell by 0.5958 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5958

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2013: 13.6946) against the same month in 2012 (average: 13.3699), the exchange rate shifted by +0.3247 (+2.43%).

2013 Avg (March) 13.6946

2012 Avg (March) 13.3699

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.6310	13.1509	13.4163
February	13.5924	13.0081	13.2074
March	13.8368	13.5833	13.6946
April	13.8110	12.9733	13.0988
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