2015 MAD to VEF Historical Review

YEARLY HIGH

0.6949 VEF

YEARLY LOW

0.6232 VEF

YEARLY AVERAGE

0.6483 VEF

2015 MAD to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MAD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.6949. Conversely, the yearly low was recorded on March 15, dropping to 0.6232.

This high-to-low spread represents a total annual volatility of 0.0717 VEF. From a start-to-finish perspective, comparing the January average rate of 0.6746 to the December average rate of 0.6388, the exchange rate registered a net change of -5.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.6949 was down 10.74% compared to the 2014 peak of 0.7785, 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 3,474 VEF

2014 Average 3,745 VEF

Yearly Trough Low 3,116 VEF

Transaction Impact: A difference of 358.59 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.6787

0.6292

JanuMarcMayJulySeptNove

MAD to VEF 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 0.6522, compared to 0.6444 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 0.6522

H2 Avg (Jul–Dec) 0.6444

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0393 VEF (High: 0.6949 / Low: 0.6556). On the other end, September was the most stable month, with a tight range of 0.0084 VEF (High: 0.6568 / Low: 0.6484).

January Spread (Volatile) ±0.0393

September Spread (Stable) ±0.0084

Growth Streaks & Declines

Trends

Between April and June, 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 0.0237 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0237

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 0.6746) against the same month in 2014 (average: 0.7643), the exchange rate shifted by -0.0897 (-11.74%).

2015 Avg (January) 0.6746

2014 Avg (January) 0.7643

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6949	0.6556	0.6746
February	0.6656	0.6561	0.6618
March	0.6545	0.6232	0.6381
April	0.6499	0.6277	0.6371
May	0.6597	0.6405	0.6495
June	0.6567	0.6413	0.6521
July	0.6493	0.6378	0.6441
August	0.6632	0.6403	0.6484
September	0.6568	0.6484	0.6514
October	0.6591	0.6410	0.6507
November	0.6437	0.6273	0.6333
December	0.6426	0.6289	0.6388