2014 MAD to XDR Historical Review

YEARLY HIGH

0.0797 XDR

YEARLY LOW

0.0763 XDR

YEARLY AVERAGE

0.0783 XDR

2014 MAD to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MAD to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 0.0797. Conversely, the yearly low was recorded on December 31, dropping to 0.0763.

This high-to-low spread represents a total annual volatility of 0.0035 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0791 to the December average rate of 0.0769, the exchange rate registered a net change of -2.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0797 was up 0.26% compared to the 2013 peak of 0.0795, 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 399 XDR

2013 Average 391 XDR

Yearly Trough Low 381 XDR

Transaction Impact: A difference of 17.35 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0797

0.0766

JanuMarcMayJulySeptNove

MAD to XDR 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 0.0791, compared to 0.0775 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0791

H2 Avg (Jul–Dec) 0.0775

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0010 XDR (High: 0.0779 / Low: 0.0769). On the other end, April was the most stable month, with a tight range of 0.0003 XDR (High: 0.0795 / Low: 0.0792).

September Spread (Volatile) ±0.0010

April Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0007 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 0.0794) against the same month in 2013 (average: 0.0776), the exchange rate shifted by +0.0018 (+2.35%).

2014 Avg (March) 0.0794

2013 Avg (March) 0.0776

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0795	0.0787	0.0791
February	0.0793	0.0786	0.0791
March	0.0797	0.0792	0.0794
April	0.0795	0.0792	0.0794
May	0.0794	0.0787	0.0790
June	0.0789	0.0784	0.0786
July	0.0786	0.0782	0.0784
August	0.0784	0.0777	0.0781
September	0.0779	0.0769	0.0774
October	0.0774	0.0765	0.0770
November	0.0775	0.0765	0.0771
December	0.0772	0.0763	0.0769