2014 MAD to SGD Historical Review

YEARLY HIGH

0.1566 SGD

YEARLY LOW

0.1450 SGD

YEARLY AVERAGE

0.1507 SGD

2014 MAD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MAD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.1566. Conversely, the yearly low was recorded on October 5, dropping to 0.1450.

This high-to-low spread represents a total annual volatility of 0.0116 SGD. From a start-to-finish perspective, comparing the January average rate of 0.1545 to the December average rate of 0.1473, the exchange rate registered a net change of -4.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1566 was up 0.72% compared to the 2013 peak of 0.1555, 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 783 SGD

2013 Average 744 SGD

Yearly Trough Low 725 SGD

Transaction Impact: A difference of 57.75 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1568

0.1449

JanuMarcMayJulySeptNove

MAD to SGD 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 0.1539, compared to 0.1476 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0064 points.

H1 Avg (Jan–Jun) 0.1539

H2 Avg (Jul–Dec) 0.1476

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 0.0029 SGD (High: 0.1517 / Low: 0.1489). On the other end, April was the most stable month, with a tight range of 0.0013 SGD (High: 0.1549 / Low: 0.1536).

July Spread (Volatile) ±0.0029

April Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.0022 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 0.1558) against the same month in 2013 (average: 0.1454), the exchange rate shifted by +0.0104 (+7.16%).

2014 Avg (March) 0.1558

2013 Avg (March) 0.1454

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1560	0.1536	0.1545
February	0.1555	0.1531	0.1542
March	0.1566	0.1540	0.1558
April	0.1549	0.1536	0.1542
May	0.1545	0.1522	0.1530
June	0.1526	0.1508	0.1517
July	0.1517	0.1489	0.1502
August	0.1500	0.1472	0.1489
September	0.1477	0.1457	0.1467
October	0.1468	0.1450	0.1459
November	0.1481	0.1454	0.1464
December	0.1484	0.1463	0.1473