2014 MAD to MGA Historical Review

YEARLY HIGH

312.7014 MGA

YEARLY LOW

272.3909 MGA

YEARLY AVERAGE

293.6466 MGA

2014 MAD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MAD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 20, valuing the pair at 312.7014. Conversely, the yearly low was recorded on January 4, dropping to 272.3909.

This high-to-low spread represents a total annual volatility of 40.3105 MGA. From a start-to-finish perspective, comparing the January average rate of 275.3335 to the December average rate of 290.8740, the exchange rate registered a net change of 5.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 312.7014 was up 12.95% compared to the 2013 peak of 276.8381, 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 1,563,507 MGA

2013 Average 1,316,886 MGA

Yearly Trough Low 1,361,954 MGA

Transaction Impact: A difference of 201,552.62 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

312.0685

271.9939

JanuMarcMayJulySeptNove

MAD to MGA 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 286.4261, compared to 300.8671 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.4410 points.

H1 Avg (Jan–Jun) 286.4261

H2 Avg (Jul–Dec) 300.8671

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 15.4174 MGA (High: 301.0386 / Low: 285.6211). On the other end, January was the most stable month, with a tight range of 5.5502 MGA (High: 277.9411 / Low: 272.3909).

December Spread (Volatile) ±15.4174

January Spread (Stable) ±5.5502

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 15.4003 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -15.4003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 308.7289) against the same month in 2013 (average: 270.5457), the exchange rate shifted by +38.1832 (+14.11%).

2014 Avg (October) 308.7289

2013 Avg (October) 270.5457

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	277.9411	272.3909	275.3335
February	287.5508	277.0974	282.8515
March	291.2197	285.5688	288.5026
April	292.9925	286.5106	289.8328
May	294.1108	286.8592	290.5143
June	295.1146	287.2008	291.5217
July	300.4694	294.0300	296.8476
August	304.0115	295.8667	300.7073
September	304.4284	296.4252	301.7702
October	312.7014	302.3091	308.7289
November	309.5759	302.6626	306.2743
December	301.0386	285.6211	290.8740