2015 MAD to MRO Historical Review

YEARLY HIGH

34.1681 MRO

YEARLY LOW

28.7261 MRO

YEARLY AVERAGE

31.7275 MRO

2015 MAD to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MAD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 34.1681. Conversely, the yearly low was recorded on March 14, dropping to 28.7261.

This high-to-low spread represents a total annual volatility of 5.4420 MRO. From a start-to-finish perspective, comparing the January average rate of 31.1144 to the December average rate of 30.7960, the exchange rate registered a net change of -1.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 34.1681 was down 6.90% compared to the 2014 peak of 36.6995, 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 170,841 MRO

2014 Average 173,807 MRO

Yearly Trough Low 143,630 MRO

Transaction Impact: A difference of 27,210.24 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

33.5110

29.7884

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 31.4421, compared to 32.0128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5707 points.

H1 Avg (Jan–Jun) 31.4421

H2 Avg (Jul–Dec) 32.0128

Volatility Range Comparison

Volatility

The most volatile month in 2015 was October, with a trading range of 3.4282 MRO (High: 33.3438 / Low: 29.9156). On the other end, February was the most stable month, with a tight range of 0.5644 MRO (High: 30.7898 / Low: 30.2254).

October Spread (Volatile) ±3.4282

February Spread (Stable) ±0.5644

Growth Streaks & Declines

Trends

Between March and July, 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 November and December, when the average rate fell by 1.4741 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.4741

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2015: 32.2700) against the same month in 2014 (average: 33.0010), the exchange rate shifted by -0.7310 (-2.22%).

2015 Avg (November) 32.2700

2014 Avg (November) 33.0010

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	32.2707	30.1853	31.1144
February	30.7898	30.2254	30.5562
March	32.1254	28.7261	30.0986
April	32.1319	31.0531	31.6180
May	33.0163	31.3347	32.2162
June	33.6478	31.7635	33.0494
July	33.5720	32.7894	33.2008
August	33.2930	32.3295	32.9261
September	32.9810	30.0163	32.0796
October	33.3438	29.9156	30.8044
November	34.1681	31.3572	32.2700
December	31.5207	29.7903	30.7960