2014 KZT to MAD Historical Review

YEARLY HIGH

0.0534 MAD

YEARLY LOW

0.0442 MAD

YEARLY AVERAGE

0.0472 MAD

2014 KZT to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the KZT to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.0534. Conversely, the yearly low was recorded on February 20, dropping to 0.0442.

This high-to-low spread represents a total annual volatility of 0.0093 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0531 to the December average rate of 0.0490, the exchange rate registered a net change of -7.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0534 was down 6.95% compared to the 2013 peak of 0.0574, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 267 MAD

2013 Average 276 MAD

Yearly Trough Low 221 MAD

Transaction Impact: A difference of 46.26 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0540

0.0437

JanuMarcMayJulySeptNove

KZT 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 0.0470, compared to 0.0474 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0470

H2 Avg (Jul–Dec) 0.0474

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 0.0091 MAD (High: 0.0533 / Low: 0.0442). On the other end, June was the most stable month, with a tight range of 0.0004 MAD (High: 0.0451 / Low: 0.0447).

February Spread (Volatile) ±0.0091

June Spread (Stable) ±0.0004

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 0.0050 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.0531) against the same month in 2013 (average: 0.0557), the exchange rate shifted by -0.0026 (-4.70%).

2014 Avg (January) 0.0531

2013 Avg (January) 0.0557

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0534	0.0527	0.0531
February	0.0533	0.0442	0.0496
March	0.0450	0.0442	0.0446
April	0.0450	0.0444	0.0447
May	0.0451	0.0445	0.0448
June	0.0451	0.0447	0.0449
July	0.0455	0.0448	0.0451
August	0.0465	0.0456	0.0460
September	0.0482	0.0465	0.0473
October	0.0486	0.0478	0.0482
November	0.0491	0.0486	0.0489
December	0.0495	0.0481	0.0490