2014 MAD to NZD Historical Review

YEARLY HIGH

0.1494 NZD

YEARLY LOW

0.1374 NZD

YEARLY AVERAGE

0.1434 NZD

2014 MAD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MAD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.1494. Conversely, the yearly low was recorded on July 13, dropping to 0.1374.

This high-to-low spread represents a total annual volatility of 0.0120 NZD. From a start-to-finish perspective, comparing the January average rate of 0.1469 to the December average rate of 0.1442, the exchange rate registered a net change of -1.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1494 was down 2.67% compared to the 2013 peak of 0.1535, 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 747 NZD

2013 Average 726 NZD

Yearly Trough Low 687 NZD

Transaction Impact: A difference of 60.12 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1477

0.1383

JanuMarcMayJulySeptNove

MAD to NZD 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 0.1439, compared to 0.1429 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.1439

H2 Avg (Jul–Dec) 0.1429

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0073 NZD (High: 0.1473 / Low: 0.1400). On the other end, August was the most stable month, with a tight range of 0.0015 NZD (High: 0.1422 / Low: 0.1407).

September Spread (Volatile) ±0.0073

August Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between July and October, 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 0.0027 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2014: 0.1469) against the same month in 2013 (average: 0.1425), the exchange rate shifted by +0.0044 (+3.10%).

2014 Avg (February) 0.1469

2013 Avg (February) 0.1425

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1492	0.1451	0.1469
February	0.1494	0.1458	0.1469
March	0.1465	0.1412	0.1442
April	0.1443	0.1412	0.1427
May	0.1429	0.1410	0.1421
June	0.1440	0.1382	0.1405
July	0.1413	0.1374	0.1391
August	0.1422	0.1407	0.1414
September	0.1473	0.1400	0.1427
October	0.1466	0.1443	0.1455
November	0.1466	0.1426	0.1443
December	0.1462	0.1415	0.1442