2014 LRD to MAD Historical Review

YEARLY HIGH

0.1019 MAD

YEARLY LOW

0.0895 MAD

YEARLY AVERAGE

0.0954 MAD

2014 LRD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the LRD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.1019. Conversely, the yearly low was recorded on July 20, dropping to 0.0895.

This high-to-low spread represents a total annual volatility of 0.0124 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0984 to the December average rate of 0.0977, the exchange rate registered a net change of -0.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1019 was down 12.36% compared to the 2013 peak of 0.1163, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 510 MAD

2013 Average 549 MAD

Yearly Trough Low 448 MAD

Transaction Impact: A difference of 62.16 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0996

0.0895

JanuMarcMayJulySeptNove

LRD 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 0.0965, compared to 0.0943 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0965

H2 Avg (Jul–Dec) 0.0943

Volatility Range Comparison

Volatility

The most volatile month in 2014 was June, with a trading range of 0.0082 MAD (High: 0.0989 / Low: 0.0907). On the other end, November was the most stable month, with a tight range of 0.0011 MAD (High: 0.0973 / Low: 0.0962).

June Spread (Volatile) ±0.0082

November Spread (Stable) ±0.0011

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 June and July, when the average rate fell by 0.0035 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 0.0988) against the same month in 2013 (average: 0.1153), the exchange rate shifted by -0.0165 (-14.33%).

2014 Avg (March) 0.0988

2013 Avg (March) 0.1153

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1019	0.0959	0.0984
February	0.0971	0.0953	0.0961
March	0.1019	0.0950	0.0988
April	0.0960	0.0944	0.0953
May	0.1012	0.0944	0.0965
June	0.0989	0.0907	0.0938
July	0.0912	0.0895	0.0903
August	0.0927	0.0900	0.0915
September	0.0957	0.0927	0.0942
October	0.0966	0.0948	0.0955
November	0.0973	0.0962	0.0967
December	0.0990	0.0965	0.0977