2014 KWD to MAD Historical Review

YEARLY HIGH

30.9296 MAD

YEARLY LOW

28.7046 MAD

YEARLY AVERAGE

29.5382 MAD

2014 KWD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the KWD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 30.9296. Conversely, the yearly low was recorded on March 14, dropping to 28.7046.

This high-to-low spread represents a total annual volatility of 2.2251 MAD. From a start-to-finish perspective, comparing the January average rate of 29.1318 to the December average rate of 30.5923, the exchange rate registered a net change of 5.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 30.9296 was up 1.86% compared to the 2013 peak of 30.3646, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 154,648 MAD

2013 Average 148,099 MAD

Yearly Trough Low 143,523 MAD

Transaction Impact: A difference of 11,125.47 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

30.7634

28.7096

JanuMarcMayJulySeptNove

KWD 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 29.0512, compared to 30.0251 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9739 points.

H1 Avg (Jan–Jun) 29.0512

H2 Avg (Jul–Dec) 30.0251

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.6768 MAD (High: 30.9296 / Low: 30.2529). On the other end, April was the most stable month, with a tight range of 0.2169 MAD (High: 29.0390 / Low: 28.8221).

December Spread (Volatile) ±0.6768

April Spread (Stable) ±0.2169

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.2243 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.2243

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 30.5923) against the same month in 2013 (average: 29.0293), the exchange rate shifted by +1.5630 (+5.38%).

2014 Avg (December) 30.5923

2013 Avg (December) 29.0293

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	29.3283	28.9213	29.1318
February	29.3715	28.9381	29.1050
March	29.0323	28.7046	28.8807
April	29.0390	28.8221	28.9044
May	29.2214	28.8328	29.0478
June	29.3508	29.1057	29.2377
July	29.4829	29.1614	29.3129
August	29.7922	29.4081	29.5565
September	30.3656	29.7578	30.0434
October	30.5505	30.0570	30.2548
November	30.5459	30.2227	30.3909
December	30.9296	30.2529	30.5923