2014 MAD to FJD Historical Review

YEARLY HIGH

0.2315 FJD

YEARLY LOW

0.2163 FJD

YEARLY AVERAGE

0.2236 FJD

2014 MAD to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MAD to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 0.2315. Conversely, the yearly low was recorded on September 6, dropping to 0.2163.

This high-to-low spread represents a total annual volatility of 0.0152 FJD. From a start-to-finish perspective, comparing the January average rate of 0.2289 to the December average rate of 0.2215, the exchange rate registered a net change of -3.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2315 was up 0.10% compared to the 2013 peak of 0.2313, 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 1,157 FJD

2013 Average 1,089 FJD

Yearly Trough Low 1,081 FJD

Transaction Impact: A difference of 76.19 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2299

0.2181

JanuMarcMayJulySeptNove

MAD to FJD 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 0.2265, compared to 0.2207 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.2265

H2 Avg (Jul–Dec) 0.2207

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 0.0069 FJD (High: 0.2315 / Low: 0.2246). On the other end, April was the most stable month, with a tight range of 0.0023 FJD (High: 0.2271 / Low: 0.2249).

March Spread (Volatile) ±0.0069

April Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0030 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 0.2288) against the same month in 2013 (average: 0.2081), the exchange rate shifted by +0.0207 (+9.94%).

2014 Avg (March) 0.2288

2013 Avg (March) 0.2081

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2311	0.2268	0.2289
February	0.2300	0.2267	0.2285
March	0.2315	0.2246	0.2288
April	0.2271	0.2249	0.2258
May	0.2262	0.2231	0.2243
June	0.2241	0.2204	0.2224
July	0.2230	0.2204	0.2219
August	0.2227	0.2184	0.2213
September	0.2207	0.2163	0.2191
October	0.2222	0.2186	0.2204
November	0.2210	0.2179	0.2199
December	0.2239	0.2190	0.2215