2014 MAD to SVC Historical Review

YEARLY HIGH

1.0816 SVC

YEARLY LOW

0.9686 SVC

YEARLY AVERAGE

1.0413 SVC

2014 MAD to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MAD to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 1.0816. Conversely, the yearly low was recorded on December 31, dropping to 0.9686.

This high-to-low spread represents a total annual volatility of 0.1130 SVC. From a start-to-finish perspective, comparing the January average rate of 1.0631 to the December average rate of 0.9796, the exchange rate registered a net change of -7.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.0816 was up 0.44% compared to the 2013 peak of 1.0769, 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 5,408 SVC

2013 Average 5,203 SVC

Yearly Trough Low 4,843 SVC

Transaction Impact: A difference of 565.13 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.0853

0.9700

JanuMarcMayJulySeptNove

MAD to SVC 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 1.0682, compared to 1.0144 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0538 points.

H1 Avg (Jan–Jun) 1.0682

H2 Avg (Jul–Dec) 1.0144

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0298 SVC (High: 1.0326 / Low: 1.0028). On the other end, June was the most stable month, with a tight range of 0.0094 SVC (High: 1.0658 / Low: 1.0565).

September Spread (Volatile) ±0.0298

June Spread (Stable) ±0.0094

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0271 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0271

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 1.0755) against the same month in 2013 (average: 1.0210), the exchange rate shifted by +0.0544 (+5.33%).

2014 Avg (March) 1.0755

2013 Avg (March) 1.0210

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0714	1.0575	1.0631
February	1.0737	1.0539	1.0647
March	1.0816	1.0690	1.0755
April	1.0793	1.0682	1.0757
May	1.0805	1.0616	1.0695
June	1.0658	1.0565	1.0606
July	1.0643	1.0478	1.0571
August	1.0500	1.0327	1.0437
September	1.0326	1.0028	1.0167
October	1.0077	0.9933	1.0010
November	0.9939	0.9843	0.9882
December	0.9890	0.9686	0.9796