2014 MDL to MAD Historical Review

YEARLY HIGH

0.6366 MAD

YEARLY LOW

0.5701 MAD

YEARLY AVERAGE

0.6009 MAD

2014 MDL to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MDL to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.6366. Conversely, the yearly low was recorded on December 16, dropping to 0.5701.

This high-to-low spread represents a total annual volatility of 0.0665 MAD. From a start-to-finish perspective, comparing the January average rate of 0.6247 to the December average rate of 0.5795, the exchange rate registered a net change of -7.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.6366 was down 9.40% compared to the 2013 peak of 0.7026, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MDL based on timing:

Yearly Peak High 3,183 MAD

2013 Average 3,356 MAD

Yearly Trough Low 2,851 MAD

Transaction Impact: A difference of 332.37 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.6293

0.5750

JanuMarcMayJulySeptNove

MDL to MAD 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 0.6068, compared to 0.5949 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0119 points.

H1 Avg (Jan–Jun) 0.6068

H2 Avg (Jul–Dec) 0.5949

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0224 MAD (High: 0.6366 / Low: 0.6143). On the other end, October was the most stable month, with a tight range of 0.0098 MAD (High: 0.6018 / Low: 0.5920).

January Spread (Volatile) ±0.0224

October Spread (Stable) ±0.0098

Growth Streaks & Declines

Trends

Between June and August, 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 January and February, when the average rate fell by 0.0162 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0162

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.6247) against the same month in 2013 (average: 0.6925), the exchange rate shifted by -0.0677 (-9.78%).

2014 Avg (January) 0.6247

2013 Avg (January) 0.6925

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6366	0.6143	0.6247
February	0.6162	0.5974	0.6085
March	0.6136	0.5969	0.6053
April	0.6132	0.6013	0.6074
May	0.6080	0.5953	0.6025
June	0.5990	0.5854	0.5926
July	0.6024	0.5866	0.5928
August	0.6122	0.5999	0.6065
September	0.6080	0.5981	0.6023
October	0.6018	0.5920	0.5965
November	0.6011	0.5825	0.5919
December	0.5919	0.5701	0.5795