2014 GMD to MAD Historical Review

YEARLY HIGH

0.2229 MAD

YEARLY LOW

0.2018 MAD

YEARLY AVERAGE

0.2109 MAD

2014 GMD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GMD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 0.2229. Conversely, the yearly low was recorded on October 28, dropping to 0.2018.

This high-to-low spread represents a total annual volatility of 0.0211 MAD. From a start-to-finish perspective, comparing the January average rate of 0.2162 to the December average rate of 0.2073, the exchange rate registered a net change of -4.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2229 was down 15.96% compared to the 2013 peak of 0.2652, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,115 MAD

2013 Average 1,245 MAD

Yearly Trough Low 1,009 MAD

Transaction Impact: A difference of 105.53 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2184

0.2040

JanuMarcMayJulySeptNove

GMD 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 0.2113, compared to 0.2105 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.2113

H2 Avg (Jul–Dec) 0.2105

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.0211 MAD (High: 0.2229 / Low: 0.2018). On the other end, November was the most stable month, with a tight range of 0.0022 MAD (High: 0.2063 / Low: 0.2042).

October Spread (Volatile) ±0.0211

November Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0083 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0083

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 0.2135) against the same month in 2013 (average: 0.2518), the exchange rate shifted by -0.0383 (-15.21%).

2014 Avg (October) 0.2135

2013 Avg (October) 0.2518

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2174	0.2150	0.2162
February	0.2178	0.2134	0.2153
March	0.2147	0.2121	0.2133
April	0.2150	0.2044	0.2093
May	0.2081	0.2046	0.2062
June	0.2091	0.2062	0.2078
July	0.2108	0.2071	0.2089
August	0.2136	0.2096	0.2111
September	0.2211	0.2123	0.2172
October	0.2229	0.2018	0.2135
November	0.2063	0.2042	0.2052
December	0.2111	0.2047	0.2073