2015 MAD to GNF Historical Review

YEARLY HIGH

803.4861 GNF

YEARLY LOW

707.0658 GNF

YEARLY AVERAGE

753.9805 GNF

2015 MAD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MAD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 803.4861. Conversely, the yearly low was recorded on March 15, dropping to 707.0658.

This high-to-low spread represents a total annual volatility of 96.4203 GNF. From a start-to-finish perspective, comparing the January average rate of 754.4377 to the December average rate of 780.5233, the exchange rate registered a net change of 3.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 803.4861 was down 8.64% compared to the 2014 peak of 879.5176, 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 4,017,430 GNF

2014 Average 4,170,219 GNF

Yearly Trough Low 3,535,329 GNF

Transaction Impact: A difference of 482,101.57 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

785.3954

726.9303

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 748.2678, compared to 759.6932 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.4254 points.

H1 Avg (Jan–Jun) 748.2678

H2 Avg (Jul–Dec) 759.6932

Volatility Range Comparison

Volatility

The most volatile month in 2015 was November, with a trading range of 62.5632 GNF (High: 803.4861 / Low: 740.9229). On the other end, September was the most stable month, with a tight range of 21.9789 GNF (High: 765.8640 / Low: 743.8851).

November Spread (Volatile) ±62.5632

September Spread (Stable) ±21.9789

Growth Streaks & Declines

Trends

Between July and December, 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 February and March, when the average rate fell by 23.9404 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -23.9404

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2015: 776.3936) against the same month in 2014 (average: 796.3221), the exchange rate shifted by -19.9285 (-2.50%).

2015 Avg (November) 776.3936

2014 Avg (November) 796.3221

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	774.5452	735.3301	754.4377
February	766.1960	744.1311	755.7428
March	748.3722	707.0658	731.8024
April	752.4327	722.6735	734.2141
May	774.6082	741.1168	754.3080
June	784.7501	748.8041	759.1017
July	778.2409	727.4725	747.1287
August	761.0353	735.7964	747.9192
September	765.8640	743.8851	752.1851
October	780.8598	729.4107	754.0092
November	803.4861	740.9229	776.3936
December	787.4395	760.0756	780.5233