2014 MAD to MDL Historical Review

YEARLY HIGH

1.7540 MDL

YEARLY LOW

1.5708 MDL

YEARLY AVERAGE

1.6649 MDL

2014 MAD to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MAD to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 1.7540. Conversely, the yearly low was recorded on January 8, dropping to 1.5708.

This high-to-low spread represents a total annual volatility of 0.1832 MDL. From a start-to-finish perspective, comparing the January average rate of 1.6009 to the December average rate of 1.7259, the exchange rate registered a net change of 7.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.7540 was up 9.34% compared to the 2013 peak of 1.6042, 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 8,770 MDL

2013 Average 7,460 MDL

Yearly Trough Low 7,854 MDL

Transaction Impact: A difference of 915.76 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.7384

1.5884

JanuMarcMayJulySeptNove

MAD to MDL 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 1.6484, compared to 1.6814 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0330 points.

H1 Avg (Jan–Jun) 1.6484

H2 Avg (Jul–Dec) 1.6814

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0646 MDL (High: 1.7540 / Low: 1.6894). On the other end, September was the most stable month, with a tight range of 0.0273 MDL (High: 1.6719 / Low: 1.6446).

December Spread (Volatile) ±0.0646

September Spread (Stable) ±0.0273

Growth Streaks & Declines

Trends

Between August and December, 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 July and August, when the average rate fell by 0.0382 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0382

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.7259) against the same month in 2013 (average: 1.5766), the exchange rate shifted by +0.1493 (+9.47%).

2014 Avg (December) 1.7259

2013 Avg (December) 1.5766

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6280	1.5708	1.6009
February	1.6738	1.6227	1.6435
March	1.6753	1.6296	1.6522
April	1.6630	1.6308	1.6464
May	1.6798	1.6446	1.6599
June	1.7083	1.6695	1.6876
July	1.7048	1.6599	1.6870
August	1.6669	1.6336	1.6488
September	1.6719	1.6446	1.6604
October	1.6892	1.6617	1.6766
November	1.7168	1.6637	1.6896
December	1.7540	1.6894	1.7259