2014 MAD to EGP Historical Review

YEARLY HIGH

0.8717 EGP

YEARLY LOW

0.7894 EGP

YEARLY AVERAGE

0.8428 EGP

2014 MAD to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MAD to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 30, valuing the pair at 0.8717. Conversely, the yearly low was recorded on December 31, dropping to 0.7894.

This high-to-low spread represents a total annual volatility of 0.0823 EGP. From a start-to-finish perspective, comparing the January average rate of 0.8456 to the December average rate of 0.8000, the exchange rate registered a net change of -5.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.8717 was up 2.49% compared to the 2013 peak of 0.8505, 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 4,358 EGP

2013 Average 4,089 EGP

Yearly Trough Low 3,947 EGP

Transaction Impact: A difference of 411.48 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.8736

0.7933

JanuMarcMayJulySeptNove

MAD to EGP 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 0.8568, compared to 0.8288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0280 points.

H1 Avg (Jan–Jun) 0.8568

H2 Avg (Jul–Dec) 0.8288

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0264 EGP (High: 0.8432 / Low: 0.8168). On the other end, November was the most stable month, with a tight range of 0.0077 EGP (High: 0.8123 / Low: 0.8046).

September Spread (Volatile) ±0.0264

November Spread (Stable) ±0.0077

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0226 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0226

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2014: 0.8669) against the same month in 2013 (average: 0.8276), the exchange rate shifted by +0.0393 (+4.75%).

2014 Avg (June) 0.8669

2013 Avg (June) 0.8276

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8505	0.8400	0.8456
February	0.8542	0.8389	0.8475
March	0.8611	0.8516	0.8560
April	0.8637	0.8509	0.8585
May	0.8694	0.8613	0.8662
June	0.8717	0.8637	0.8669
July	0.8700	0.8561	0.8636
August	0.8585	0.8434	0.8527
September	0.8432	0.8168	0.8300
October	0.8241	0.8105	0.8181
November	0.8123	0.8046	0.8081
December	0.8100	0.7894	0.8000