2015 MAD to NIO Historical Review

YEARLY HIGH

2.9340 NIO

YEARLY LOW

2.6380 NIO

YEARLY AVERAGE

2.7785 NIO

2015 MAD to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MAD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.9340. Conversely, the yearly low was recorded on March 14, dropping to 2.6380.

This high-to-low spread represents a total annual volatility of 0.2960 NIO. From a start-to-finish perspective, comparing the January average rate of 2.8380 to the December average rate of 2.8172, the exchange rate registered a net change of -0.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 2.9340 was down 7.77% compared to the 2014 peak of 3.1812, 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 14,670 NIO

2014 Average 15,447 NIO

Yearly Trough Low 13,190 NIO

Transaction Impact: A difference of 1,479.94 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

2.8518

2.6865

JanuMarcMayJulySeptNove

MAD to NIO 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 2.7622, compared to 2.7949 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0327 points.

H1 Avg (Jan–Jun) 2.7622

H2 Avg (Jul–Dec) 2.7949

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.1841 NIO (High: 2.9340 / Low: 2.7500). On the other end, February was the most stable month, with a tight range of 0.0407 NIO (High: 2.8098 / Low: 2.7691).

January Spread (Volatile) ±0.1841

February Spread (Stable) ±0.0407

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, when the average rate fell by 0.0944 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0944

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 2.8380) against the same month in 2014 (average: 3.0865), the exchange rate shifted by -0.2485 (-8.05%).

2015 Avg (January) 2.8380

2014 Avg (January) 3.0865

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9340	2.7500	2.8380
February	2.8098	2.7691	2.7947
March	2.7705	2.6380	2.7003
April	2.7535	2.6619	2.7023
May	2.8093	2.7283	2.7588
June	2.8047	2.7353	2.7789
July	2.7756	2.7219	2.7528
August	2.8623	2.7590	2.7950
September	2.8586	2.7882	2.8235
October	2.8677	2.7829	2.8290
November	2.7990	2.7250	2.7520
December	2.8355	2.7669	2.8172