2014 MAD to VUV Historical Review

YEARLY HIGH

11.9278 VUV

YEARLY LOW

11.0390 VUV

YEARLY AVERAGE

11.4599 VUV

2014 MAD to VUV Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MAD to VUV exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 11.9278. Conversely, the yearly low was recorded on September 4, dropping to 11.0390.

This high-to-low spread represents a total annual volatility of 0.8887 VUV. From a start-to-finish perspective, comparing the January average rate of 11.7097 to the December average rate of 11.4301, the exchange rate registered a net change of -2.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 11.9278 was up 0.32% compared to the 2013 peak of 11.8895, 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 59,639 VUV

2013 Average 55,854 VUV

Yearly Trough Low 55,195 VUV

Transaction Impact: A difference of 4,443.63 VUV purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

11.8774

11.0897

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 11.6410, compared to 11.2787 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3622 points.

H1 Avg (Jan–Jun) 11.6410

H2 Avg (Jul–Dec) 11.2787

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.4843 VUV (High: 11.6405 / Low: 11.1562). On the other end, August was the most stable month, with a tight range of 0.1516 VUV (High: 11.3618 / Low: 11.2102).

December Spread (Volatile) ±0.4843

August Spread (Stable) ±0.1516

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.2354 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2354

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 11.8118) against the same month in 2013 (average: 10.6801), the exchange rate shifted by +1.1316 (+10.60%).

2014 Avg (March) 11.8118

2013 Avg (March) 10.6801

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.8743	11.5976	11.7097
February	11.8568	11.5812	11.7617
March	11.9278	11.5704	11.8118
April	11.7182	11.4368	11.5764
May	11.6870	11.4298	11.5324
June	11.6459	11.3664	11.4539
July	11.4121	11.2361	11.3497
August	11.3618	11.2102	11.2618
September	11.2758	11.0390	11.1553
October	11.3979	11.1799	11.2954
November	11.3212	11.1077	11.1800
December	11.6405	11.1562	11.4301