2014 MAD to BZD Historical Review

YEARLY HIGH

0.2487 BZD

YEARLY LOW

0.2206 BZD

YEARLY AVERAGE

0.2378 BZD

2014 MAD to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MAD to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 0.2487. Conversely, the yearly low was recorded on December 31, dropping to 0.2206.

This high-to-low spread represents a total annual volatility of 0.0280 BZD. From a start-to-finish perspective, comparing the January average rate of 0.2422 to the December average rate of 0.2236, the exchange rate registered a net change of -7.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2487 was up 1.33% compared to the 2013 peak of 0.2454, 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 1,243 BZD

2013 Average 1,188 BZD

Yearly Trough Low 1,103 BZD

Transaction Impact: A difference of 140.16 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2499

0.2212

JanuMarcMayJulySeptNove

MAD to BZD 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 0.2441, compared to 0.2316 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0125 points.

H1 Avg (Jan–Jun) 0.2441

H2 Avg (Jul–Dec) 0.2316

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0079 BZD (High: 0.2355 / Low: 0.2276). On the other end, November was the most stable month, with a tight range of 0.0022 BZD (High: 0.2270 / Low: 0.2248).

September Spread (Volatile) ±0.0079

November Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0064 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2014: 0.2475) against the same month in 2013 (average: 0.2354), the exchange rate shifted by +0.0121 (+5.14%).

2014 Avg (April) 0.2475

2013 Avg (April) 0.2354

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2436	0.2408	0.2422
February	0.2444	0.2405	0.2423
March	0.2467	0.2432	0.2447
April	0.2487	0.2459	0.2475
May	0.2487	0.2424	0.2456
June	0.2435	0.2412	0.2422
July	0.2431	0.2393	0.2414
August	0.2398	0.2358	0.2382
September	0.2355	0.2276	0.2319
October	0.2303	0.2268	0.2285
November	0.2270	0.2248	0.2258
December	0.2265	0.2206	0.2236