2015 MAD to ALL Historical Review

YEARLY HIGH

13.2500 ALL

YEARLY LOW

12.6456 ALL

YEARLY AVERAGE

12.9147 ALL

2015 MAD to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MAD to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 13.2500. Conversely, the yearly low was recorded on September 20, dropping to 12.6456.

This high-to-low spread represents a total annual volatility of 0.6043 ALL. From a start-to-finish perspective, comparing the January average rate of 12.8505 to the December average rate of 12.7675, the exchange rate registered a net change of -0.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 13.2500 was up 3.86% compared to the 2014 peak of 12.7576, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 66,250 ALL

2014 Average 62,698 ALL

Yearly Trough Low 63,228 ALL

Transaction Impact: A difference of 3,021.71 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

13.1402

12.7337

JanuMarcMayJulySeptNove

MAD to ALL 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 12.9848, compared to 12.8445 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1403 points.

H1 Avg (Jan–Jun) 12.9848

H2 Avg (Jul–Dec) 12.8445

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.3079 ALL (High: 12.9602 / Low: 12.6524). On the other end, February was the most stable month, with a tight range of 0.1172 ALL (High: 12.9973 / Low: 12.8801).

December Spread (Volatile) ±0.3079

February Spread (Stable) ±0.1172

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1452 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1452

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 13.0964) against the same month in 2014 (average: 12.4812), the exchange rate shifted by +0.6152 (+4.93%).

2015 Avg (March) 13.0964

2014 Avg (March) 12.4812

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.9493	12.6776	12.8505
February	12.9973	12.8801	12.9437
March	13.2500	12.9745	13.0964
April	13.1946	12.9706	13.1063
May	13.1315	12.8476	12.9611
June	13.0965	12.8621	12.9509
July	13.0388	12.8464	12.9471
August	12.9820	12.6984	12.8692
September	12.8752	12.6456	12.8042
October	12.8903	12.6959	12.7988
November	12.9774	12.7761	12.8804
December	12.9602	12.6524	12.7675