2014 MAD to NOK Historical Review

YEARLY HIGH

0.8425 NOK

YEARLY LOW

0.7223 NOK

YEARLY AVERAGE

0.7489 NOK

2014 MAD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MAD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.8425. Conversely, the yearly low was recorded on June 10, dropping to 0.7223.

This high-to-low spread represents a total annual volatility of 0.1203 NOK. From a start-to-finish perspective, comparing the January average rate of 0.7476 to the December average rate of 0.8170, the exchange rate registered a net change of 9.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.8425 was up 11.62% compared to the 2013 peak of 0.7548, 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 4,213 NOK

2013 Average 3,498 NOK

Yearly Trough Low 3,611 NOK

Transaction Impact: A difference of 601.34 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.8261

0.7171

JanuMarcMayJulySeptNove

MAD to NOK 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 0.7375, compared to 0.7602 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0228 points.

H1 Avg (Jan–Jun) 0.7375

H2 Avg (Jul–Dec) 0.7602

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0564 NOK (High: 0.8425 / Low: 0.7862). On the other end, July was the most stable month, with a tight range of 0.0085 NOK (High: 0.7518 / Low: 0.7433).

December Spread (Volatile) ±0.0564

July Spread (Stable) ±0.0085

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0091 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0091

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.8170) against the same month in 2013 (average: 0.7489), the exchange rate shifted by +0.0681 (+9.10%).

2014 Avg (December) 0.8170

2013 Avg (December) 0.7489

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7557	0.7425	0.7476
February	0.7593	0.7374	0.7459
March	0.7433	0.7341	0.7379
April	0.7407	0.7314	0.7351
May	0.7334	0.7229	0.7261
June	0.7474	0.7223	0.7322
July	0.7518	0.7433	0.7483
August	0.7525	0.7302	0.7392
September	0.7458	0.7296	0.7369
October	0.7652	0.7353	0.7492
November	0.7938	0.7644	0.7709
December	0.8425	0.7862	0.8170