2014 MAD to CLP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 MAD to CLP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the MAD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 70.7681. Conversely, the yearly low was recorded on January 4, dropping to 64.1745.
This high-to-low spread represents a total annual volatility of 6.5936 CLP. From a start-to-finish perspective, comparing the January average rate of 65.3260 to the December average rate of 68.5372, the exchange rate registered a net change of 4.92% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 70.7681 was up 8.60% compared to the 2013 peak of 65.1615, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
MAD to CLP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 67.5453, compared to 68.0820 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5367 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was March, with a trading range of 3.4918 CLP (High: 70.7681 / Low: 67.2763). On the other end, June was the most stable month, with a tight range of 0.8982 CLP (High: 67.6242 / Low: 66.7261).
Growth Streaks & Declines
TrendsBetween January and March, 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 September and October, when the average rate fell by 1.5881 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2014: 69.2494) against the same month in 2013 (average: 55.1476), the exchange rate shifted by +14.1018 (+25.57%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 67.1286 | 64.1745 | 65.3260 |
| February | 68.6352 | 66.8020 | 67.4298 |
| March | 70.7681 | 67.2763 | 69.2494 |
| April | 69.5032 | 67.1642 | 68.2539 |
| May | 69.8014 | 66.6920 | 67.9358 |
| June | 67.6242 | 66.7261 | 67.0768 |
| July | 68.4685 | 66.5190 | 67.4826 |
| August | 70.1439 | 68.6502 | 69.1164 |
| September | 69.5917 | 68.2549 | 68.9374 |
| October | 68.2400 | 65.4203 | 67.3493 |
| November | 68.7122 | 65.2943 | 67.0693 |
| December | 70.2915 | 66.8835 | 68.5372 |