2013 MAD to BWP Historical Review

YEARLY HIGH

1.0727 BWP

YEARLY LOW

0.9219 BWP

YEARLY AVERAGE

0.9990 BWP

2013 MAD to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MAD to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.0727. Conversely, the yearly low was recorded on January 7, dropping to 0.9219.

This high-to-low spread represents a total annual volatility of 0.1508 BWP. From a start-to-finish perspective, comparing the January average rate of 0.9443 to the December average rate of 1.0607, the exchange rate registered a net change of 12.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 1.0727 was up 14.91% compared to the 2012 peak of 0.9335, 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 5,364 BWP

2012 Average 4,422 BWP

Yearly Trough Low 4,610 BWP

Transaction Impact: A difference of 754.06 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

1.0724

0.9326

JanuMarcMayJulySeptNove

MAD to BWP 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 0.9671, compared to 1.0308 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0637 points.

H1 Avg (Jan–Jun) 0.9671

H2 Avg (Jul–Dec) 1.0308

Volatility Range Comparison

Volatility

The most volatile month in 2013 was May, with a trading range of 0.0636 BWP (High: 1.0143 / Low: 0.9507). On the other end, July was the most stable month, with a tight range of 0.0112 BWP (High: 1.0128 / Low: 1.0016).

May Spread (Volatile) ±0.0636

July Spread (Stable) ±0.0112

Growth Streaks & Declines

Trends

Between September and December, 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 June and July, when the average rate fell by 0.0088 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 1.0607) against the same month in 2012 (average: 0.9244), the exchange rate shifted by +0.1364 (+14.75%).

2013 Avg (December) 1.0607

2012 Avg (December) 0.9244

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9721	0.9219	0.9443
February	0.9753	0.9439	0.9582
March	0.9665	0.9526	0.9588
April	0.9660	0.9477	0.9565
May	1.0143	0.9507	0.9686
June	1.0333	0.9945	1.0165
July	1.0128	1.0016	1.0077
August	1.0458	1.0090	1.0245
September	1.0340	1.0086	1.0219
October	1.0356	1.0237	1.0300
November	1.0488	1.0333	1.0400
December	1.0727	1.0440	1.0607