2014 MAD to KZT Historical Review

YEARLY HIGH

22.6492 KZT

YEARLY LOW

18.7257 KZT

YEARLY AVERAGE

21.2640 KZT

2014 MAD to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MAD to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 22.6492. Conversely, the yearly low was recorded on January 8, dropping to 18.7257.

This high-to-low spread represents a total annual volatility of 3.9236 KZT. From a start-to-finish perspective, comparing the January average rate of 18.8248 to the December average rate of 20.3980, the exchange rate registered a net change of 8.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 22.6492 was up 19.41% compared to the 2013 peak of 18.9673, 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 113,246 KZT

2013 Average 90,537 KZT

Yearly Trough Low 93,628 KZT

Transaction Impact: A difference of 19,617.84 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

22.7992

18.4635

JanuMarcMayJulySeptNove

MAD to KZT 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 21.4205, compared to 21.1075 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3130 points.

H1 Avg (Jan–Jun) 21.4205

H2 Avg (Jul–Dec) 21.1075

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 3.8836 KZT (High: 22.6492 / Low: 18.7656). On the other end, November was the most stable month, with a tight range of 0.1938 KZT (High: 20.5650 / Low: 20.3713).

February Spread (Volatile) ±3.8836

November Spread (Stable) ±0.1938

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 0.5856 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5856

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2014: 20.3156) against the same month in 2013 (average: 18.0141), the exchange rate shifted by +2.3015 (+12.78%).

2014 Avg (February) 20.3156

2013 Avg (February) 18.0141

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.9614	18.7257	18.8248
February	22.6492	18.7656	20.3156
March	22.6234	22.2469	22.4379
April	22.4976	22.2329	22.3834
May	22.4842	22.1857	22.3132
June	22.3538	22.1598	22.2484
July	22.3261	21.9605	22.1763
August	21.9167	21.4915	21.7172
September	21.4885	20.7651	21.1316
October	20.9336	20.5900	20.7647
November	20.5650	20.3713	20.4570
December	20.7798	20.1846	20.3980