2014 KES to MAD Historical Review

YEARLY HIGH

0.1000 MAD

YEARLY LOW

0.0930 MAD

YEARLY AVERAGE

0.0956 MAD

2014 KES to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the KES to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.1000. Conversely, the yearly low was recorded on May 6, dropping to 0.0930.

This high-to-low spread represents a total annual volatility of 0.0070 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0954 to the December average rate of 0.0988, the exchange rate registered a net change of 3.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1000 was down 2.94% compared to the 2013 peak of 0.1030, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 500 MAD

2013 Average 488 MAD

Yearly Trough Low 465 MAD

Transaction Impact: A difference of 35.16 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0993

0.0930

JanuMarcMayJulySeptNove

KES 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 0.0944, compared to 0.0969 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0944

H2 Avg (Jul–Dec) 0.0969

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0026 MAD (High: 0.1000 / Low: 0.0974). On the other end, June was the most stable month, with a tight range of 0.0008 MAD (High: 0.0944 / Low: 0.0936).

December Spread (Volatile) ±0.0026

June Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0012 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0988) against the same month in 2013 (average: 0.0951), the exchange rate shifted by +0.0038 (+3.96%).

2014 Avg (December) 0.0988

2013 Avg (December) 0.0951

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0964	0.0946	0.0954
February	0.0960	0.0944	0.0952
March	0.0946	0.0934	0.0940
April	0.0945	0.0933	0.0938
May	0.0940	0.0930	0.0936
June	0.0944	0.0936	0.0941
July	0.0951	0.0936	0.0943
August	0.0959	0.0947	0.0951
September	0.0981	0.0956	0.0970
October	0.0988	0.0973	0.0980
November	0.0989	0.0977	0.0984
December	0.1000	0.0974	0.0988