2015 MAD to BIF Historical Review

YEARLY HIGH

172.0127 BIF

YEARLY LOW

153.9331 BIF

YEARLY AVERAGE

160.7255 BIF

2015 MAD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MAD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 172.0127. Conversely, the yearly low was recorded on November 30, dropping to 153.9331.

This high-to-low spread represents a total annual volatility of 18.0796 BIF. From a start-to-finish perspective, comparing the January average rate of 167.3740 to the December average rate of 157.1661, the exchange rate registered a net change of -6.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 172.0127 was down 10.57% compared to the 2014 peak of 192.3520, 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 860,064 BIF

2014 Average 923,446 BIF

Yearly Trough Low 769,666 BIF

Transaction Impact: A difference of 90,397.94 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

168.5053

154.9299

JanuMarcMayJulySeptNove

MAD to BIF 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 161.8298, compared to 159.6212 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2086 points.

H1 Avg (Jan–Jun) 161.8298

H2 Avg (Jul–Dec) 159.6212

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 9.5009 BIF (High: 172.0127 / Low: 162.5118). On the other end, September was the most stable month, with a tight range of 3.1763 BIF (High: 162.1268 / Low: 158.9504).

January Spread (Volatile) ±9.5009

September Spread (Stable) ±3.1763

Growth Streaks & Declines

Trends

Between April and July, 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 February and March, when the average rate fell by 5.8134 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -5.8134

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 167.3740) against the same month in 2014 (average: 188.1399), the exchange rate shifted by -20.7659 (-11.04%).

2015 Avg (January) 167.3740

2014 Avg (January) 188.1399

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	172.0127	162.5118	167.3740
February	165.9892	162.4445	164.3878
March	162.7284	155.3717	158.5745
April	161.8951	154.2963	157.8518
May	164.5634	158.4255	161.2256
June	164.9635	159.2180	161.5649
July	167.5061	158.5430	164.1158
August	163.5898	157.2616	159.5194
September	162.1268	158.9504	160.3997
October	162.9850	158.8287	160.4648
November	159.1950	153.9331	156.0612
December	158.3029	154.6537	157.1661