2013 MAD to TOP Historical Review

YEARLY HIGH

0.2278 TOP

YEARLY LOW

0.2021 TOP

YEARLY AVERAGE

0.2132 TOP

2013 MAD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MAD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.2278. Conversely, the yearly low was recorded on May 19, dropping to 0.2021.

This high-to-low spread represents a total annual volatility of 0.0257 TOP. From a start-to-finish perspective, comparing the January average rate of 0.2066 to the December average rate of 0.2264, the exchange rate registered a net change of 9.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.2278 was up 9.88% compared to the 2012 peak of 0.2073, 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 1,139 TOP

2012 Average 1,006 TOP

Yearly Trough Low 1,010 TOP

Transaction Impact: A difference of 128.56 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.2287

0.2017

JanuMarcMayJulySeptNove

MAD to TOP 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 0.2062, compared to 0.2202 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0140 points.

H1 Avg (Jan–Jun) 0.2062

H2 Avg (Jul–Dec) 0.2202

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.0144 TOP (High: 0.2178 / Low: 0.2034). On the other end, April was the most stable month, with a tight range of 0.0031 TOP (High: 0.2057 / Low: 0.2025).

June Spread (Volatile) ±0.0144

April Spread (Stable) ±0.0031

Growth Streaks & Declines

Trends

Between March and August, 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 0.0029 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 0.2264) against the same month in 2012 (average: 0.2048), the exchange rate shifted by +0.0216 (+10.53%).

2013 Avg (December) 0.2264

2012 Avg (December) 0.2048

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2088	0.2046	0.2066
February	0.2101	0.2032	0.2068
March	0.2063	0.2021	0.2040
April	0.2057	0.2025	0.2040
May	0.2061	0.2021	0.2042
June	0.2178	0.2034	0.2114
July	0.2185	0.2147	0.2169
August	0.2226	0.2173	0.2207
September	0.2250	0.2169	0.2195
October	0.2218	0.2157	0.2191
November	0.2251	0.2143	0.2185
December	0.2278	0.2241	0.2264