2015 MAD to SCR Historical Review

YEARLY HIGH

1.5370 SCR

YEARLY LOW

1.2181 SCR

YEARLY AVERAGE

1.3666 SCR

2015 MAD to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MAD to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 1.5370. Conversely, the yearly low was recorded on December 2, dropping to 1.2181.

This high-to-low spread represents a total annual volatility of 0.3189 SCR. From a start-to-finish perspective, comparing the January average rate of 1.4864 to the December average rate of 1.2919, the exchange rate registered a net change of -13.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.5370 was down 5.26% compared to the 2014 peak of 1.6223, 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 7,685 SCR

2014 Average 7,555 SCR

Yearly Trough Low 6,090 SCR

Transaction Impact: A difference of 1,594.52 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.5064

1.2663

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 1.4092, compared to 1.3239 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0853 points.

H1 Avg (Jan–Jun) 1.4092

H2 Avg (Jul–Dec) 1.3239

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.1317 SCR (High: 1.3497 / Low: 1.2181). On the other end, June was the most stable month, with a tight range of 0.0416 SCR (High: 1.3837 / Low: 1.3421).

December Spread (Volatile) ±0.1317

June Spread (Stable) ±0.0416

Growth Streaks & Declines

Trends

Between July and September, 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 February and March, when the average rate fell by 0.0839 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0839

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 1.4864) against the same month in 2014 (average: 1.4662), the exchange rate shifted by +0.0203 (+1.38%).

2015 Avg (January) 1.4864

2014 Avg (January) 1.4662

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5370	1.4354	1.4864
February	1.4939	1.4323	1.4693
March	1.4561	1.3383	1.3854
April	1.3992	1.3483	1.3680
May	1.4058	1.3463	1.3799
June	1.3837	1.3421	1.3661
July	1.3608	1.3142	1.3369
August	1.3789	1.3166	1.3424
September	1.3914	1.3097	1.3448
October	1.4001	1.2940	1.3412
November	1.3471	1.2437	1.2863
December	1.3497	1.2181	1.2919