2014 MAD to HKD Historical Review

YEARLY HIGH

0.9610 HKD

YEARLY LOW

0.8561 HKD

YEARLY AVERAGE

0.9228 HKD

2014 MAD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MAD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 0.9610. Conversely, the yearly low was recorded on December 31, dropping to 0.8561.

This high-to-low spread represents a total annual volatility of 0.1048 HKD. From a start-to-finish perspective, comparing the January average rate of 0.9423 to the December average rate of 0.8675, the exchange rate registered a net change of -7.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.9610 was up 0.98% compared to the 2013 peak of 0.9517, 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 4,805 HKD

2013 Average 4,614 HKD

Yearly Trough Low 4,281 HKD

Transaction Impact: A difference of 524.24 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.9630

0.8589

JanuMarcMayJulySeptNove

MAD to HKD 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 0.9469, compared to 0.8986 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0483 points.

H1 Avg (Jan–Jun) 0.9469

H2 Avg (Jul–Dec) 0.8986

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0270 HKD (High: 0.9137 / Low: 0.8868). On the other end, June was the most stable month, with a tight range of 0.0087 HKD (High: 0.9448 / Low: 0.9361).

September Spread (Volatile) ±0.0270

June Spread (Stable) ±0.0087

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 0.0244 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0244

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 0.9543) against the same month in 2013 (average: 0.9055), the exchange rate shifted by +0.0488 (+5.38%).

2014 Avg (March) 0.9543

2013 Avg (March) 0.9055

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9490	0.9367	0.9423
February	0.9521	0.9353	0.9444
March	0.9610	0.9486	0.9543
April	0.9564	0.9469	0.9530
May	0.9574	0.9403	0.9477
June	0.9448	0.9361	0.9399
July	0.9430	0.9279	0.9363
August	0.9305	0.9135	0.9242
September	0.9137	0.8868	0.8998
October	0.8942	0.8784	0.8874
November	0.8814	0.8712	0.8764
December	0.8786	0.8561	0.8675