2015 MAD to CDF Historical Review

YEARLY HIGH

101.8785 CDF

YEARLY LOW

91.6071 CDF

YEARLY AVERAGE

95.0439 CDF

2015 MAD to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MAD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 101.8785. Conversely, the yearly low was recorded on March 16, dropping to 91.6071.

This high-to-low spread represents a total annual volatility of 10.2713 CDF. From a start-to-finish perspective, comparing the January average rate of 98.9059 to the December average rate of 93.6671, the exchange rate registered a net change of -5.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 101.8785 was down 10.75% compared to the 2014 peak of 114.1542, 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 509,392 CDF

2014 Average 549,399 CDF

Yearly Trough Low 458,036 CDF

Transaction Impact: A difference of 51,356.56 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

99.5056

92.3091

JanuMarcMayJulySeptNove

MAD to CDF 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 95.5804, compared to 94.5074 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0730 points.

H1 Avg (Jan–Jun) 95.5804

H2 Avg (Jul–Dec) 94.5074

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 6.2924 CDF (High: 101.8785 / Low: 95.5861). On the other end, September was the most stable month, with a tight range of 1.3780 CDF (High: 96.4371 / Low: 95.0591).

January Spread (Volatile) ±6.2924

September Spread (Stable) ±1.3780

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 February and March, when the average rate fell by 3.4883 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -3.4883

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 98.9059) against the same month in 2014 (average: 112.2708), the exchange rate shifted by -13.3648 (-11.90%).

2015 Avg (January) 98.9059

2014 Avg (January) 112.2708

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	101.8785	95.5861	98.9059
February	97.6809	95.3922	97.0484
March	96.2356	91.6071	93.5601
April	95.1629	92.1715	93.4232
May	96.6767	93.6048	95.0635
June	96.4227	93.7954	95.4814
July	95.3158	93.2986	94.4022
August	97.2231	93.2530	94.9727
September	96.4371	95.0591	95.6015
October	96.6672	94.0711	95.4922
November	94.5722	92.0853	92.9088
December	94.2954	92.3065	93.6671