2014 JMD to MAD Historical Review

YEARLY HIGH

0.0791 MAD

YEARLY LOW

0.0732 MAD

YEARLY AVERAGE

0.0759 MAD

2014 JMD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the JMD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0791. Conversely, the yearly low was recorded on July 12, dropping to 0.0732.

This high-to-low spread represents a total annual volatility of 0.0059 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0774 to the December average rate of 0.0784, the exchange rate registered a net change of 1.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0791 was down 14.19% compared to the 2013 peak of 0.0922, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 396 MAD

2013 Average 422 MAD

Yearly Trough Low 366 MAD

Transaction Impact: A difference of 29.66 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0789

0.0732

JanuMarcMayJulySeptNove

JMD 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 0.0752, compared to 0.0766 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0752

H2 Avg (Jul–Dec) 0.0766

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0026 MAD (High: 0.0779 / Low: 0.0753). On the other end, May was the most stable month, with a tight range of 0.0007 MAD (High: 0.0743 / Low: 0.0736).

September Spread (Volatile) ±0.0026

May Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0016 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0784) against the same month in 2013 (average: 0.0785), the exchange rate shifted by -0.0001 (-0.10%).

2014 Avg (December) 0.0784

2013 Avg (December) 0.0785

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0778	0.0768	0.0774
February	0.0774	0.0755	0.0764
March	0.0756	0.0743	0.0748
April	0.0749	0.0739	0.0743
May	0.0743	0.0736	0.0740
June	0.0745	0.0734	0.0741
July	0.0742	0.0732	0.0737
August	0.0753	0.0740	0.0745
September	0.0779	0.0753	0.0765
October	0.0783	0.0772	0.0777
November	0.0789	0.0779	0.0784
December	0.0791	0.0774	0.0784