2015 MAD to BWP Historical Review

YEARLY HIGH

1.1500 BWP

YEARLY LOW

0.9852 BWP

YEARLY AVERAGE

1.0389 BWP

2015 MAD to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MAD to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 1.1500. Conversely, the yearly low was recorded on April 9, dropping to 0.9852.

This high-to-low spread represents a total annual volatility of 0.1648 BWP. From a start-to-finish perspective, comparing the January average rate of 1.0237 to the December average rate of 1.1152, the exchange rate registered a net change of 8.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.1500 was up 4.18% compared to the 2014 peak of 1.1039, 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 5,750 BWP

2014 Average 5,337 BWP

Yearly Trough Low 4,926 BWP

Transaction Impact: A difference of 824.16 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.1270

0.9851

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 1.0103, compared to 1.0676 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0572 points.

H1 Avg (Jan–Jun) 1.0103

H2 Avg (Jul–Dec) 1.0676

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.0738 BWP (High: 1.1500 / Low: 1.0762). On the other end, March was the most stable month, with a tight range of 0.0137 BWP (High: 1.0089 / Low: 0.9952).

December Spread (Volatile) ±0.0738

March Spread (Stable) ±0.0137

Growth Streaks & Declines

Trends

Between April and June, 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 January and February, when the average rate fell by 0.0165 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0165

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 1.1152) against the same month in 2014 (average: 1.0579), the exchange rate shifted by +0.0572 (+5.41%).

2015 Avg (December) 1.1152

2014 Avg (December) 1.0579

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0517	0.9906	1.0237
February	1.0172	0.9943	1.0072
March	1.0089	0.9952	1.0018
April	1.0062	0.9852	0.9970
May	1.0179	0.9921	1.0071
June	1.0412	1.0132	1.0252
July	1.0327	1.0106	1.0216
August	1.0746	1.0237	1.0449
September	1.0931	1.0618	1.0772
October	1.0878	1.0594	1.0708
November	1.0852	1.0681	1.0757
December	1.1500	1.0762	1.1152