2014 MAD to CNY Historical Review

YEARLY HIGH

0.7694 CNY

YEARLY LOW

0.6837 CNY

YEARLY AVERAGE

0.7329 CNY

2014 MAD to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MAD to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.7694. Conversely, the yearly low was recorded on December 31, dropping to 0.6837.

This high-to-low spread represents a total annual volatility of 0.0856 CNY. From a start-to-finish perspective, comparing the January average rate of 0.7373 to the December average rate of 0.6914, the exchange rate registered a net change of -6.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.7694 was up 1.16% compared to the 2013 peak of 0.7606, 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 3,847 CNY

2013 Average 3,663 CNY

Yearly Trough Low 3,419 CNY

Transaction Impact: A difference of 428.20 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.7710

0.6842

JanuMarcMayJulySeptNove

MAD to CNY 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 0.7524, compared to 0.7134 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0391 points.

H1 Avg (Jan–Jun) 0.7524

H2 Avg (Jul–Dec) 0.7134

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0238 CNY (High: 0.7252 / Low: 0.7015). On the other end, November was the most stable month, with a tight range of 0.0088 CNY (High: 0.6963 / Low: 0.6875).

September Spread (Volatile) ±0.0238

November Spread (Stable) ±0.0088

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 0.0213 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0213

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2014: 0.7638) against the same month in 2013 (average: 0.7260), the exchange rate shifted by +0.0377 (+5.20%).

2014 Avg (April) 0.7638

2013 Avg (April) 0.7260

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7423	0.7320	0.7373
February	0.7536	0.7313	0.7407
March	0.7650	0.7504	0.7583
April	0.7694	0.7573	0.7638
May	0.7690	0.7551	0.7609
June	0.7588	0.7487	0.7538
July	0.7543	0.7390	0.7483
August	0.7416	0.7244	0.7340
September	0.7252	0.7015	0.7127
October	0.7063	0.6941	0.7011
November	0.6963	0.6875	0.6928
December	0.6999	0.6837	0.6914