2014 MAD to GNF Historical Review

YEARLY HIGH

879.5176 GNF

YEARLY LOW

775.9435 GNF

YEARLY AVERAGE

834.1405 GNF

2014 MAD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MAD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 879.5176. Conversely, the yearly low was recorded on December 31, dropping to 775.9435.

This high-to-low spread represents a total annual volatility of 103.5741 GNF. From a start-to-finish perspective, comparing the January average rate of 848.4504 to the December average rate of 789.2564, the exchange rate registered a net change of -6.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 879.5176 was up 1.21% compared to the 2013 peak of 868.9738, 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 4,397,588 GNF

2013 Average 4,175,862 GNF

Yearly Trough Low 3,879,717 GNF

Transaction Impact: A difference of 517,870.57 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

869.2841

781.9812

JanuMarcMayJulySeptNove

MAD to GNF 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 853.7545, compared to 814.5266 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 39.2279 points.

H1 Avg (Jan–Jun) 853.7545

H2 Avg (Jul–Dec) 814.5266

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 34.0299 GNF (High: 879.5176 / Low: 845.4877). On the other end, April was the most stable month, with a tight range of 15.1257 GNF (High: 866.0793 / Low: 850.9536).

March Spread (Volatile) ±34.0299

April Spread (Stable) ±15.1257

Growth Streaks & Declines

Trends

Between 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 August and September, when the average rate fell by 20.0095 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -20.0095

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 862.0089) against the same month in 2013 (average: 830.5732), the exchange rate shifted by +31.4357 (+3.78%).

2014 Avg (March) 862.0089

2013 Avg (March) 830.5732

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	855.2010	839.5814	848.4504
February	860.3895	844.4556	853.4175
March	879.5176	845.4877	862.0089
April	866.0793	850.9536	858.4429
May	867.6086	840.4435	854.4327
June	853.6312	834.0453	845.7744
July	857.5873	839.3742	848.8738
August	841.6073	820.8186	833.4682
September	822.7332	804.4735	813.4587
October	819.0751	798.4748	805.7801
November	802.7942	785.7846	796.3221
December	800.9951	775.9435	789.2564