2014 MAD to BMD Historical Review

YEARLY HIGH

0.1237 BMD

YEARLY LOW

0.1104 BMD

YEARLY AVERAGE

0.1190 BMD

2014 MAD to BMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MAD to BMD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 0.1237. Conversely, the yearly low was recorded on December 31, dropping to 0.1104.

This high-to-low spread represents a total annual volatility of 0.0133 BMD. From a start-to-finish perspective, comparing the January average rate of 0.1215 to the December average rate of 0.1119, 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 0.1237 was up 0.81% compared to the 2013 peak of 0.1227, 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 619 BMD

2013 Average 595 BMD

Yearly Trough Low 552 BMD

Transaction Impact: A difference of 66.70 BMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1241

0.1108

JanuMarcMayJulySeptNove

MAD to BMD 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 0.1221, compared to 0.1159 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0062 points.

H1 Avg (Jan–Jun) 0.1221

H2 Avg (Jul–Dec) 0.1159

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0037 BMD (High: 0.1179 / Low: 0.1142). On the other end, June was the most stable month, with a tight range of 0.0011 BMD (High: 0.1219 / Low: 0.1208).

September Spread (Volatile) ±0.0037

June Spread (Stable) ±0.0011

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 0.0032 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 0.1230) against the same month in 2013 (average: 0.1167), the exchange rate shifted by +0.0063 (+5.36%).

2014 Avg (March) 0.1230

2013 Avg (March) 0.1167

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1224	0.1206	0.1215
February	0.1227	0.1205	0.1217
March	0.1237	0.1223	0.1230
April	0.1234	0.1221	0.1229
May	0.1235	0.1213	0.1222
June	0.1219	0.1208	0.1212
July	0.1217	0.1197	0.1208
August	0.1201	0.1179	0.1192
September	0.1179	0.1142	0.1161
October	0.1153	0.1132	0.1144
November	0.1136	0.1124	0.1130
December	0.1133	0.1104	0.1119