2014 MAD to MRO Historical Review

YEARLY HIGH

36.6995 MRO

YEARLY LOW

32.2730 MRO

YEARLY AVERAGE

34.7653 MRO

2014 MAD to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MAD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 36.6995. Conversely, the yearly low was recorded on December 31, dropping to 32.2730.

This high-to-low spread represents a total annual volatility of 4.4265 MRO. From a start-to-finish perspective, comparing the January average rate of 35.3235 to the December average rate of 32.5442, the exchange rate registered a net change of -7.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 36.6995 was down 0.75% compared to the 2013 peak of 36.9785, 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 183,498 MRO

2013 Average 174,708 MRO

Yearly Trough Low 161,365 MRO

Transaction Impact: A difference of 22,132.63 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

36.6452

32.1714

JanuMarcMayJulySeptNove

MAD to MRO 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 35.7179, compared to 33.8126 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9053 points.

H1 Avg (Jan–Jun) 35.7179

H2 Avg (Jul–Dec) 33.8126

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 1.0947 MRO (High: 34.3921 / Low: 33.2973). On the other end, June was the most stable month, with a tight range of 0.4434 MRO (High: 35.7003 / Low: 35.2569).

September Spread (Volatile) ±1.0947

June Spread (Stable) ±0.4434

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.9808 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.9808

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2014: 36.2724) against the same month in 2013 (average: 32.0690), the exchange rate shifted by +4.2034 (+13.11%).

2014 Avg (April) 36.2724

2013 Avg (April) 32.0690

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	35.5948	35.0310	35.3235
February	35.6794	34.9810	35.4093
March	36.4013	35.6300	35.9613
April	36.6995	35.6820	36.2724
May	36.4391	35.3782	35.9078
June	35.7003	35.2569	35.4331
July	35.5276	34.9836	35.2461
August	35.0301	34.3625	34.8247
September	34.3921	33.2973	33.8439
October	33.7957	33.0724	33.4158
November	33.3853	32.7465	33.0010
December	32.9778	32.2730	32.5442