2014 MAD to BRL Historical Review

YEARLY HIGH

0.3087 BRL

YEARLY LOW

0.2614 BRL

YEARLY AVERAGE

0.2796 BRL

2014 MAD to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MAD to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.3087. Conversely, the yearly low was recorded on September 7, dropping to 0.2614.

This high-to-low spread represents a total annual volatility of 0.0473 BRL. From a start-to-finish perspective, comparing the January average rate of 0.2889 to the December average rate of 0.2960, the exchange rate registered a net change of 2.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3087 was up 6.08% compared to the 2013 peak of 0.2910, 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 1,544 BRL

2013 Average 1,285 BRL

Yearly Trough Low 1,307 BRL

Transaction Impact: A difference of 236.57 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2987

0.2659

JanuMarcMayJulySeptNove

MAD to BRL 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 0.2803, compared to 0.2790 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.2803

H2 Avg (Jul–Dec) 0.2790

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0216 BRL (High: 0.3087 / Low: 0.2871). On the other end, July was the most stable month, with a tight range of 0.0048 BRL (High: 0.2716 / Low: 0.2668).

December Spread (Volatile) ±0.0216

July Spread (Stable) ±0.0048

Growth Streaks & Declines

Trends

Between July and December, 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 March and April, when the average rate fell by 0.0116 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0116

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.2960) against the same month in 2013 (average: 0.2861), the exchange rate shifted by +0.0099 (+3.47%).

2014 Avg (December) 0.2960

2013 Avg (December) 0.2861

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2965	0.2835	0.2889
February	0.2940	0.2838	0.2900
March	0.2912	0.2764	0.2860
April	0.2786	0.2701	0.2744
May	0.2754	0.2691	0.2715
June	0.2764	0.2669	0.2707
July	0.2716	0.2668	0.2687
August	0.2741	0.2638	0.2702
September	0.2800	0.2614	0.2710
October	0.2874	0.2736	0.2802
November	0.2946	0.2802	0.2879
December	0.3087	0.2871	0.2960