2015 MAD to VUV Historical Review

YEARLY HIGH

11.7517 VUV

YEARLY LOW

10.4002 VUV

YEARLY AVERAGE

11.0926 VUV

2015 MAD to VUV Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MAD to VUV exchange rate experienced significant fluctuation. The market reached its absolute peak on September 14, valuing the pair at 11.7517. Conversely, the yearly low was recorded on April 12, dropping to 10.4002.

This high-to-low spread represents a total annual volatility of 1.3515 VUV. From a start-to-finish perspective, comparing the January average rate of 11.0699 to the December average rate of 11.2965, the exchange rate registered a net change of 2.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 11.7517 was down 1.48% compared to the 2014 peak of 11.9278, 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 58,758 VUV

2014 Average 57,293 VUV

Yearly Trough Low 52,001 VUV

Transaction Impact: A difference of 6,757.31 VUV purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

11.6249

10.5503

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 10.8833, compared to 11.3019 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4186 points.

H1 Avg (Jan–Jun) 10.8833

H2 Avg (Jul–Dec) 11.3019

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.6557 VUV (High: 11.3272 / Low: 10.6715). On the other end, February was the most stable month, with a tight range of 0.1538 VUV (High: 11.1669 / Low: 11.0131).

January Spread (Volatile) ±0.6557

February Spread (Stable) ±0.1538

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.3531 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.3531

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2015: 11.4945) against the same month in 2014 (average: 11.1553), the exchange rate shifted by +0.3392 (+3.04%).

2015 Avg (September) 11.4945

2014 Avg (September) 11.1553

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.3272	10.6715	11.0699
February	11.1669	11.0131	11.1042
March	11.0086	10.5374	10.7511
April	10.8792	10.4002	10.6399
May	10.9279	10.5744	10.8038
June	11.0353	10.7527	10.9306
July	11.1432	10.8904	11.0126
August	11.5069	11.0389	11.2114
September	11.7517	11.1956	11.4945
October	11.7014	11.2964	11.5354
November	11.3406	11.1428	11.2608
December	11.3471	11.1271	11.2965