2015 MAD to NAD Historical Review

YEARLY HIGH

1.6128 NAD

YEARLY LOW

1.1815 NAD

YEARLY AVERAGE

1.3091 NAD

2015 MAD to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MAD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 1.6128. Conversely, the yearly low was recorded on January 25, dropping to 1.1815.

This high-to-low spread represents a total annual volatility of 0.4313 NAD. From a start-to-finish perspective, comparing the January average rate of 1.2354 to the December average rate of 1.5213, the exchange rate registered a net change of 23.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.6128 was up 18.20% compared to the 2014 peak of 1.3644, 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 8,064 NAD

2014 Average 6,449 NAD

Yearly Trough Low 5,907 NAD

Transaction Impact: A difference of 2,156.51 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.5525

1.1784

JanuMarcMayJulySeptNove

MAD to NAD 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 1.2301, compared to 1.3881 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1581 points.

H1 Avg (Jan–Jun) 1.2301

H2 Avg (Jul–Dec) 1.3881

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.1829 NAD (High: 1.6128 / Low: 1.4298). On the other end, March was the most stable month, with a tight range of 0.0275 NAD (High: 1.2331 / Low: 1.2056).

December Spread (Volatile) ±0.1829

March Spread (Stable) ±0.0275

Growth Streaks & Declines

Trends

Between April and June, 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 January and February, when the average rate fell by 0.0205 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0205

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 1.5213) against the same month in 2014 (average: 1.2865), the exchange rate shifted by +0.2348 (+18.25%).

2015 Avg (December) 1.5213

2014 Avg (December) 1.2865

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2829	1.1815	1.2354
February	1.2329	1.1952	1.2149
March	1.2331	1.2056	1.2204
April	1.2260	1.1915	1.2096
May	1.2447	1.2122	1.2302
June	1.2930	1.2431	1.2699
July	1.2913	1.2483	1.2689
August	1.3828	1.2829	1.3230
September	1.4469	1.3764	1.4074
October	1.4316	1.3569	1.3900
November	1.4440	1.3957	1.4182
December	1.6128	1.4298	1.5213