2015 MAD to KES Historical Review

YEARLY HIGH

10.9753 KES

YEARLY LOW

9.0567 KES

YEARLY AVERAGE

10.0734 KES

2015 MAD to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MAD to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on September 17, valuing the pair at 10.9753. Conversely, the yearly low was recorded on March 15, dropping to 9.0567.

This high-to-low spread represents a total annual volatility of 1.9186 KES. From a start-to-finish perspective, comparing the January average rate of 9.7570 to the December average rate of 10.3291, the exchange rate registered a net change of 5.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 10.9753 was up 2.04% compared to the 2014 peak of 10.7559, 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 54,877 KES

2014 Average 52,296 KES

Yearly Trough Low 45,284 KES

Transaction Impact: A difference of 9,593.02 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

11.0218

9.1130

JanuMarcMayJulySeptNove

MAD to KES 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 9.6704, compared to 10.4765 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8061 points.

H1 Avg (Jan–Jun) 9.6704

H2 Avg (Jul–Dec) 10.4765

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 0.6342 KES (High: 10.8777 / Low: 10.2436). On the other end, February was the most stable month, with a tight range of 0.1675 KES (High: 9.6515 / Low: 9.4839).

August Spread (Volatile) ±0.6342

February Spread (Stable) ±0.1675

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.3387 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.3387

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2015: 10.8627) against the same month in 2014 (average: 10.3129), the exchange rate shifted by +0.5498 (+5.33%).

2015 Avg (September) 10.8627

2014 Avg (September) 10.3129

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.9901	9.5088	9.7570
February	9.6515	9.4839	9.5874
March	9.4765	9.0567	9.2721
April	9.7318	9.2412	9.4106
May	10.0207	9.7446	9.9033
June	10.2342	9.9205	10.0922
July	10.4775	10.1673	10.3263
August	10.8777	10.2436	10.5173
September	10.9753	10.7545	10.8627
October	10.7562	10.2962	10.5810
November	10.3939	10.1473	10.2424
December	10.3749	10.1654	10.3291