2014 MAD to STD Historical Review

YEARLY HIGH

2241.6699 STD

YEARLY LOW

2158.4900 STD

YEARLY AVERAGE

2195.2467 STD

2014 MAD to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MAD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 2241.6699. Conversely, the yearly low was recorded on February 25, dropping to 2158.4900.

This high-to-low spread represents a total annual volatility of 83.1799 STD. From a start-to-finish perspective, comparing the January average rate of 2186.9566 to the December average rate of 2226.7579, the exchange rate registered a net change of 1.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 2241.6699 was up 0.67% compared to the 2013 peak of 2226.8007, 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 11,208,350 STD

2013 Average 10,986,637 STD

Yearly Trough Low 10,792,450 STD

Transaction Impact: A difference of 415,899.46 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2231.4523

2175.1197

JanuMarcMayJulySeptNove

MAD to STD 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 2183.7241, compared to 2206.7693 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 23.0453 points.

H1 Avg (Jan–Jun) 2183.7241

H2 Avg (Jul–Dec) 2206.7693

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 36.3089 STD (High: 2194.7989 / Low: 2158.4900). On the other end, June was the most stable month, with a tight range of 9.8846 STD (High: 2189.8488 / Low: 2179.9641).

February Spread (Volatile) ±36.3089

June Spread (Stable) ±9.8846

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 6.2213 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -6.2213

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 2226.7579) against the same month in 2013 (average: 2184.7426), the exchange rate shifted by +42.0154 (+1.92%).

2014 Avg (December) 2226.7579

2013 Avg (December) 2184.7426

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2198.5086	2173.7924	2186.9566
February	2194.7989	2158.4900	2186.0354
March	2191.5308	2172.2109	2179.8141
April	2189.4350	2175.8731	2182.1395
May	2191.6407	2163.2180	2182.0952
June	2189.8488	2179.9641	2185.3036
July	2194.2080	2166.3825	2182.8033
August	2199.5496	2187.7163	2193.7187
September	2210.0112	2188.7389	2203.6515
October	2228.1992	2203.7637	2212.0768
November	2232.3581	2214.1995	2221.6078
December	2241.6699	2213.1045	2226.7579