2014 MAD to BTN Historical Review

YEARLY HIGH

7.6827 BTN

YEARLY LOW

6.9025 BTN

YEARLY AVERAGE

7.2597 BTN

2014 MAD to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MAD to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 7.6827. Conversely, the yearly low was recorded on November 6, dropping to 6.9025.

This high-to-low spread represents a total annual volatility of 0.7802 BTN. From a start-to-finish perspective, comparing the January average rate of 7.5400 to the December average rate of 7.0219, the exchange rate registered a net change of -6.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 7.6827 was down 5.00% compared to the 2013 peak of 8.0870, 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 38,413 BTN

2013 Average 34,849 BTN

Yearly Trough Low 34,513 BTN

Transaction Impact: A difference of 3,900.83 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

7.6361

6.9124

JanuMarcMayJulySeptNove

MAD to BTN 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 7.4214, compared to 7.0980 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3234 points.

H1 Avg (Jan–Jun) 7.4214

H2 Avg (Jul–Dec) 7.0980

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.3334 BTN (High: 7.4337 / Low: 7.1003). On the other end, February was the most stable month, with a tight range of 0.0654 BTN (High: 7.6101 / Low: 7.5447).

May Spread (Volatile) ±0.3334

February Spread (Stable) ±0.0654

Growth Streaks & Declines

Trends

Between June and August, 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 0.1958 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1958

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 7.5400) against the same month in 2013 (average: 6.4677), the exchange rate shifted by +1.0723 (+16.58%).

2014 Avg (January) 7.5400

2013 Avg (January) 6.4677

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	7.6827	7.4313	7.5400
February	7.6101	7.5447	7.5758
March	7.6001	7.3131	7.4984
April	7.5183	7.3419	7.4161
May	7.4337	7.1003	7.2567
June	7.3300	7.1600	7.2415
July	7.3097	7.2082	7.2549
August	7.3433	7.1429	7.2565
September	7.1469	7.0040	7.0607
October	7.1070	6.9641	7.0215
November	7.0391	6.9025	6.9727
December	7.1818	6.9263	7.0219