2013 MAD to CVE Historical Review

YEARLY HIGH

9.9833 CVE

YEARLY LOW

9.7352 CVE

YEARLY AVERAGE

9.8623 CVE

2013 MAD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MAD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 9.9833. Conversely, the yearly low was recorded on October 30, dropping to 9.7352.

This high-to-low spread represents a total annual volatility of 0.2482 CVE. From a start-to-finish perspective, comparing the January average rate of 9.8833 to the December average rate of 9.7871, the exchange rate registered a net change of -0.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 9.9833 was down 1.56% compared to the 2012 peak of 10.1420, 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 49,917 CVE

2012 Average 49,773 CVE

Yearly Trough Low 48,676 CVE

Transaction Impact: A difference of 1,240.83 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

9.9476

9.7603

JanuMarcMayJulySeptNove

MAD to CVE 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 9.9045, compared to 9.8200 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0845 points.

H1 Avg (Jan–Jun) 9.9045

H2 Avg (Jul–Dec) 9.8200

Volatility Range Comparison

Volatility

The most volatile month in 2013 was March, with a trading range of 0.1981 CVE (High: 9.9679 / Low: 9.7698). On the other end, September was the most stable month, with a tight range of 0.0569 CVE (High: 9.8182 / Low: 9.7614).

March Spread (Volatile) ±0.1981

September Spread (Stable) ±0.0569

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0682 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0682

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 9.8833) against the same month in 2012 (average: 9.9322), the exchange rate shifted by -0.0490 (-0.49%).

2013 Avg (January) 9.8833

2012 Avg (January) 9.9322

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.9833	9.8207	9.8833
February	9.9090	9.8198	9.8714
March	9.9679	9.7698	9.9320
April	9.9761	9.8301	9.9310
May	9.9659	9.7681	9.9162
June	9.9369	9.7430	9.8933
July	9.9713	9.7904	9.9116
August	9.9416	9.7715	9.8434
September	9.8182	9.7614	9.7875
October	9.8156	9.7352	9.7759
November	9.8706	9.7546	9.8144
December	9.8227	9.7482	9.7871