2014 MAD to IRR Historical Review

YEARLY HIGH

3159.0458 IRR

YEARLY LOW

2981.6550 IRR

YEARLY AVERAGE

3071.4284 IRR

2014 MAD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MAD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 17, valuing the pair at 3159.0458. Conversely, the yearly low was recorded on January 9, dropping to 2981.6550.

This high-to-low spread represents a total annual volatility of 177.3909 IRR. From a start-to-finish perspective, comparing the January average rate of 3006.5775 to the December average rate of 3009.4357, the exchange rate registered a net change of 0.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 3159.0458 was up 3.71% compared to the 2013 peak of 3046.1747, 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 15,795,229 IRR

2013 Average 10,447,953 IRR

Yearly Trough Low 14,908,275 IRR

Transaction Impact: A difference of 886,954.38 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

3156.1792

2992.9774

JanuMarcMayJulySeptNove

MAD to IRR 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 3072.0964, compared to 3070.7604 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3360 points.

H1 Avg (Jan–Jun) 3072.0964

H2 Avg (Jul–Dec) 3070.7604

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 91.1395 IRR (High: 3133.2333 / Low: 3042.0938). On the other end, June was the most stable month, with a tight range of 33.6292 IRR (High: 3121.1347 / Low: 3087.5055).

September Spread (Volatile) ±91.1395

June Spread (Stable) ±33.6292

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 56.4629 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -56.4629

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2014: 3142.5790) against the same month in 2013 (average: 2907.0270), the exchange rate shifted by +235.5520 (+8.10%).

2014 Avg (August) 3142.5790

2013 Avg (August) 2907.0270

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3030.7004	2981.6550	3006.5775
February	3051.4817	2991.7472	3024.1288
March	3096.0282	3045.3489	3072.6981
April	3142.6092	3085.6007	3111.2484
May	3147.1661	3096.4549	3117.6108
June	3121.1347	3087.5055	3100.3147
July	3140.2424	3105.6240	3119.6701
August	3159.0458	3119.4348	3142.5790
September	3133.2333	3042.0938	3086.1161
October	3071.5711	3014.7999	3047.7224
November	3036.5932	2998.1007	3019.0389
December	3044.3937	2988.1332	3009.4357