2014 MAD to WST Historical Review

YEARLY HIGH

0.2878 WST

YEARLY LOW

0.2656 WST

YEARLY AVERAGE

0.2777 WST

2014 MAD to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MAD to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 0.2878. Conversely, the yearly low was recorded on December 31, dropping to 0.2656.

This high-to-low spread represents a total annual volatility of 0.0221 WST. From a start-to-finish perspective, comparing the January average rate of 0.2831 to the December average rate of 0.2687, the exchange rate registered a net change of -5.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2878 was up 0.77% compared to the 2013 peak of 0.2856, 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 1,439 WST

2013 Average 1,376 WST

Yearly Trough Low 1,328 WST

Transaction Impact: A difference of 110.65 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2872

0.2670

JanuMarcMayJulySeptNove

MAD to WST 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 0.2824, compared to 0.2729 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0095 points.

H1 Avg (Jan–Jun) 0.2824

H2 Avg (Jul–Dec) 0.2729

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0068 WST (High: 0.2829 / Low: 0.2762). On the other end, April was the most stable month, with a tight range of 0.0034 WST (High: 0.2846 / Low: 0.2812).

May Spread (Volatile) ±0.0068

April Spread (Stable) ±0.0034

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 August and September, when the average rate fell by 0.0035 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 0.2855) against the same month in 2013 (average: 0.2682), the exchange rate shifted by +0.0173 (+6.47%).

2014 Avg (March) 0.2855

2013 Avg (March) 0.2682

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2855	0.2810	0.2831
February	0.2867	0.2821	0.2846
March	0.2878	0.2816	0.2855
April	0.2846	0.2812	0.2824
May	0.2829	0.2762	0.2797
June	0.2814	0.2776	0.2791
July	0.2788	0.2750	0.2774
August	0.2780	0.2722	0.2756
September	0.2740	0.2692	0.2722
October	0.2753	0.2687	0.2722
November	0.2759	0.2693	0.2713
December	0.2723	0.2656	0.2687