2013 MAD to VUV Historical Review

YEARLY HIGH

11.8895 VUV

YEARLY LOW

10.5848 VUV

YEARLY AVERAGE

11.1681 VUV

2013 MAD to VUV Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MAD to VUV exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 11.8895. Conversely, the yearly low was recorded on April 2, dropping to 10.5848.

This high-to-low spread represents a total annual volatility of 1.3047 VUV. From a start-to-finish perspective, comparing the January average rate of 10.7772 to the December average rate of 11.7119, the exchange rate registered a net change of 8.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 11.8895 was up 7.89% compared to the 2012 peak of 11.0204, 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 59,447 VUV

2012 Average 52,879 VUV

Yearly Trough Low 52,924 VUV

Transaction Impact: A difference of 6,523.49 VUV purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

11.8150

10.5770

JanuMarcMayJulySeptNove

MAD to VUV 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 10.8301, compared to 11.5061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6760 points.

H1 Avg (Jan–Jun) 10.8301

H2 Avg (Jul–Dec) 11.5061

Volatility Range Comparison

Volatility

The most volatile month in 2013 was December, with a trading range of 0.4361 VUV (High: 11.8895 / Low: 11.4534). On the other end, October was the most stable month, with a tight range of 0.1237 VUV (High: 11.5490 / Low: 11.4253).

December Spread (Volatile) ±0.4361

October Spread (Stable) ±0.1237

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 0.1004 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 11.7119) against the same month in 2012 (average: 10.7082), the exchange rate shifted by +1.0036 (+9.37%).

2013 Avg (December) 11.7119

2012 Avg (December) 10.7082

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.9597	10.6936	10.7772
February	10.9049	10.6302	10.7805
March	10.7519	10.5925	10.6801
April	10.7943	10.5848	10.7118
May	10.9661	10.7295	10.8223
June	11.3602	10.9259	11.2090
July	11.4437	11.1646	11.3206
August	11.6805	11.4035	11.5643
September	11.6072	11.3627	11.4988
October	11.5490	11.4253	11.4980
November	11.6136	11.3319	11.4432
December	11.8895	11.4534	11.7119