2014 MAD to KPW Historical Review

YEARLY HIGH

111.3569 KPW

YEARLY LOW

99.3506 KPW

YEARLY AVERAGE

107.0942 KPW

2014 MAD to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MAD to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 111.3569. Conversely, the yearly low was recorded on December 31, dropping to 99.3506.

This high-to-low spread represents a total annual volatility of 12.0063 KPW. From a start-to-finish perspective, comparing the January average rate of 109.3211 to the December average rate of 100.6853, the exchange rate registered a net change of -7.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 111.3569 was up 0.81% compared to the 2013 peak of 110.4661, 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 556,785 KPW

2013 Average 535,344 KPW

Yearly Trough Low 496,753 KPW

Transaction Impact: A difference of 60,031.71 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

111.6565

99.6879

JanuMarcMayJulySeptNove

MAD to KPW 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 109.8815, compared to 104.3069 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.5746 points.

H1 Avg (Jan–Jun) 109.8815

H2 Avg (Jul–Dec) 104.3069

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 3.3182 KPW (High: 106.1083 / Low: 102.7902). On the other end, June was the most stable month, with a tight range of 1.0222 KPW (High: 109.7117 / Low: 108.6895).

September Spread (Volatile) ±3.3182

June Spread (Stable) ±1.0222

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 2.8606 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.8606

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 110.6591) against the same month in 2013 (average: 105.0285), the exchange rate shifted by +5.6306 (+5.36%).

2014 Avg (March) 110.6591

2013 Avg (March) 105.0285

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	110.1479	108.5774	109.3211
February	110.4216	108.4214	109.5583
March	111.3569	110.0454	110.6591
April	111.0208	109.8585	110.6102
May	111.1549	109.1639	110.0208
June	109.7117	108.6895	109.1193
July	109.5011	107.7607	108.7294
August	108.0516	106.0845	107.3151
September	106.1083	102.7902	104.4546
October	103.7394	101.8564	102.9449
November	102.2715	101.1379	101.7119
December	101.9872	99.3506	100.6853