2013 MAD to SCR Historical Review

YEARLY HIGH

1.5599 SCR

YEARLY LOW

1.3493 SCR

YEARLY AVERAGE

1.4380 SCR

2013 MAD to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MAD to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 1.5599. Conversely, the yearly low was recorded on March 21, dropping to 1.3493.

This high-to-low spread represents a total annual volatility of 0.2106 SCR. From a start-to-finish perspective, comparing the January average rate of 1.5500 to the December average rate of 1.4700, the exchange rate registered a net change of -5.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 1.5599 was down 8.47% compared to the 2012 peak of 1.7043, 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 7,799 SCR

2012 Average 7,950 SCR

Yearly Trough Low 6,747 SCR

Transaction Impact: A difference of 1,052.92 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

1.5678

1.3544

JanuMarcMayJulySeptNove

MAD to SCR 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 1.4320, compared to 1.4440 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0120 points.

H1 Avg (Jan–Jun) 1.4320

H2 Avg (Jul–Dec) 1.4440

Volatility Range Comparison

Volatility

The most volatile month in 2013 was March, with a trading range of 0.0995 SCR (High: 1.4488 / Low: 1.3493). On the other end, December was the most stable month, with a tight range of 0.0182 SCR (High: 1.4802 / Low: 1.4619).

March Spread (Volatile) ±0.0995

December Spread (Stable) ±0.0182

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1271 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.1271

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 1.5500) against the same month in 2012 (average: 1.6119), the exchange rate shifted by -0.0619 (-3.84%).

2013 Avg (January) 1.5500

2012 Avg (January) 1.6119

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5599	1.5330	1.5500
February	1.5468	1.4500	1.5096
March	1.4488	1.3493	1.3825
April	1.3884	1.3517	1.3722
May	1.3882	1.3584	1.3758
June	1.4170	1.3790	1.4018
July	1.4312	1.3789	1.4080
August	1.4411	1.4173	1.4302
September	1.4553	1.4145	1.4379
October	1.4829	1.4514	1.4651
November	1.4680	1.4366	1.4526
December	1.4802	1.4619	1.4700