2015 MAD to AZN Historical Review

YEARLY HIGH

0.1581 AZN

YEARLY LOW

0.0811 AZN

YEARLY AVERAGE

0.1046 AZN

2015 MAD to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MAD to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.1581. Conversely, the yearly low was recorded on January 25, dropping to 0.0811.

This high-to-low spread represents a total annual volatility of 0.0770 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0837 to the December average rate of 0.1192, the exchange rate registered a net change of 42.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.1581 was up 62.94% compared to the 2014 peak of 0.0970, 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 790 AZN

2014 Average 466 AZN

Yearly Trough Low 406 AZN

Transaction Impact: A difference of 384.81 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.1228

0.0802

JanuMarcMayJulySeptNove

MAD to AZN 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 0.1000, compared to 0.1092 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0092 points.

H1 Avg (Jan–Jun) 0.1000

H2 Avg (Jul–Dec) 0.1092

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.0539 AZN (High: 0.1581 / Low: 0.1042). On the other end, July was the most stable month, with a tight range of 0.0017 AZN (High: 0.1078 / Low: 0.1061).

December Spread (Volatile) ±0.0539

July Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between January and June, 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 October and November, when the average rate fell by 0.0028 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.1192) against the same month in 2014 (average: 0.0877), the exchange rate shifted by +0.0315 (+35.93%).

2015 Avg (December) 0.1192

2014 Avg (December) 0.0877

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0862	0.0811	0.0837
February	0.1100	0.0818	0.0880
March	0.1087	0.1034	0.1059
April	0.1080	0.1048	0.1060
May	0.1095	0.1065	0.1079
June	0.1090	0.1066	0.1083
July	0.1078	0.1061	0.1071
August	0.1102	0.1064	0.1078
September	0.1097	0.1074	0.1083
October	0.1092	0.1062	0.1078
November	0.1069	0.1040	0.1050
December	0.1581	0.1042	0.1192