2014 ISK to MAD Historical Review

YEARLY HIGH

0.0730 MAD

YEARLY LOW

0.0703 MAD

YEARLY AVERAGE

0.0721 MAD

2014 ISK to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ISK to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 3, valuing the pair at 0.0730. Conversely, the yearly low was recorded on January 12, dropping to 0.0703.

This high-to-low spread represents a total annual volatility of 0.0027 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0711 to the December average rate of 0.0714, the exchange rate registered a net change of 0.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0730 was down 0.21% compared to the 2013 peak of 0.0732, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 365 MAD

2013 Average 345 MAD

Yearly Trough Low 351 MAD

Transaction Impact: A difference of 13.57 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0728

0.0710

JanuMarcMayJulySeptNove

ISK 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 0.0721, compared to 0.0721 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0721

H2 Avg (Jul–Dec) 0.0721

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0015 MAD (High: 0.0724 / Low: 0.0708). On the other end, April was the most stable month, with a tight range of 0.0005 MAD (High: 0.0727 / Low: 0.0723).

November Spread (Volatile) ±0.0015

April Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and May, 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 0.0008 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 0.0725) against the same month in 2013 (average: 0.0694), the exchange rate shifted by +0.0031 (+4.45%).

2014 Avg (July) 0.0725

2013 Avg (July) 0.0694

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0716	0.0703	0.0711
February	0.0723	0.0714	0.0719
March	0.0725	0.0716	0.0721
April	0.0727	0.0723	0.0725
May	0.0729	0.0722	0.0727
June	0.0729	0.0724	0.0726
July	0.0730	0.0721	0.0725
August	0.0726	0.0720	0.0723
September	0.0729	0.0721	0.0724
October	0.0728	0.0719	0.0724
November	0.0724	0.0708	0.0716
December	0.0717	0.0709	0.0714