2015 MAD to BAM Historical Review

YEARLY HIGH

0.1840 BAM

YEARLY LOW

0.1778 BAM

YEARLY AVERAGE

0.1808 BAM

2015 MAD to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MAD to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 0.1840. Conversely, the yearly low was recorded on August 25, dropping to 0.1778.

This high-to-low spread represents a total annual volatility of 0.0062 BAM. From a start-to-finish perspective, comparing the January average rate of 0.1796 to the December average rate of 0.1814, the exchange rate registered a net change of 0.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.1840 was up 3.13% compared to the 2014 peak of 0.1784, 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 920 BAM

2014 Average 876 BAM

Yearly Trough Low 889 BAM

Transaction Impact: A difference of 30.85 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.1830

0.1791

JanuMarcMayJulySeptNove

MAD to BAM 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 0.1809, compared to 0.1807 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.1809

H2 Avg (Jul–Dec) 0.1807

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 0.0040 BAM (High: 0.1818 / Low: 0.1778). On the other end, February was the most stable month, with a tight range of 0.0012 BAM (High: 0.1812 / Low: 0.1801).

August Spread (Volatile) ±0.0040

February Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0024 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 0.1826) against the same month in 2014 (average: 0.1740), the exchange rate shifted by +0.0085 (+4.90%).

2015 Avg (March) 0.1826

2014 Avg (March) 0.1740

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1811	0.1784	0.1796
February	0.1812	0.1801	0.1806
March	0.1840	0.1812	0.1826
April	0.1839	0.1801	0.1825
May	0.1819	0.1784	0.1801
June	0.1820	0.1789	0.1799
July	0.1824	0.1803	0.1812
August	0.1818	0.1778	0.1802
September	0.1801	0.1786	0.1794
October	0.1810	0.1781	0.1795
November	0.1837	0.1807	0.1827
December	0.1834	0.1807	0.1814