2014 MAD to BBD Historical Review

YEARLY HIGH

0.2475 BBD

YEARLY LOW

0.2208 BBD

YEARLY AVERAGE

0.2380 BBD

2014 MAD to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MAD to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 0.2475. Conversely, the yearly low was recorded on December 31, dropping to 0.2208.

This high-to-low spread represents a total annual volatility of 0.0267 BBD. From a start-to-finish perspective, comparing the January average rate of 0.2429 to the December average rate of 0.2237, the exchange rate registered a net change of -7.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2475 was up 0.81% compared to the 2013 peak of 0.2455, 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 1,237 BBD

2013 Average 1,190 BBD

Yearly Trough Low 1,104 BBD

Transaction Impact: A difference of 133.40 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2481

0.2215

JanuMarcMayJulySeptNove

MAD to BBD 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 0.2442, compared to 0.2318 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0124 points.

H1 Avg (Jan–Jun) 0.2442

H2 Avg (Jul–Dec) 0.2318

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0074 BBD (High: 0.2358 / Low: 0.2284). On the other end, June was the most stable month, with a tight range of 0.0023 BBD (High: 0.2438 / Low: 0.2415).

September Spread (Volatile) ±0.0074

June Spread (Stable) ±0.0023

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 August and September, when the average rate fell by 0.0064 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 0.2459) against the same month in 2013 (average: 0.2334), the exchange rate shifted by +0.0125 (+5.36%).

2014 Avg (March) 0.2459

2013 Avg (March) 0.2334

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2448	0.2413	0.2429
February	0.2454	0.2409	0.2435
March	0.2475	0.2445	0.2459
April	0.2467	0.2441	0.2458
May	0.2470	0.2426	0.2445
June	0.2438	0.2415	0.2425
July	0.2433	0.2395	0.2416
August	0.2401	0.2357	0.2385
September	0.2358	0.2284	0.2321
October	0.2305	0.2263	0.2288
November	0.2273	0.2248	0.2260
December	0.2266	0.2208	0.2237