2015 MOP to MAD Historical Review

YEARLY HIGH

1.2647 MAD

YEARLY LOW

1.1330 MAD

YEARLY AVERAGE

1.2210 MAD

2015 MOP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MOP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 1.2647. Conversely, the yearly low was recorded on January 1, dropping to 1.1330.

This high-to-low spread represents a total annual volatility of 0.1317 MAD. From a start-to-finish perspective, comparing the January average rate of 1.1717 to the December average rate of 1.2416, the exchange rate registered a net change of 5.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.2647 was up 11.68% compared to the 2014 peak of 1.1325, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,324 MAD

2014 Average 5,266 MAD

Yearly Trough Low 5,665 MAD

Transaction Impact: A difference of 658.49 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.2568

1.1639

JanuMarcMayJulySeptNove

MOP 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 1.2132, compared to 1.2288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0155 points.

H1 Avg (Jan–Jun) 1.2132

H2 Avg (Jul–Dec) 1.2288

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0781 MAD (High: 1.2111 / Low: 1.1330). On the other end, September was the most stable month, with a tight range of 0.0164 MAD (High: 1.2209 / Low: 1.2045).

January Spread (Volatile) ±0.0781

September Spread (Stable) ±0.0164

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0279 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0279

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 1.2369) against the same month in 2014 (average: 1.0175), the exchange rate shifted by +0.2194 (+21.56%).

2015 Avg (March) 1.2369

2014 Avg (March) 1.0175

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2111	1.1330	1.1717
February	1.2044	1.1868	1.1943
March	1.2647	1.2066	1.2369
April	1.2606	1.2175	1.2451
May	1.2346	1.1956	1.2172
June	1.2330	1.2074	1.2142
July	1.2401	1.2199	1.2294
August	1.2366	1.2002	1.2214
September	1.2209	1.2045	1.2148
October	1.2351	1.2019	1.2161
November	1.2611	1.2300	1.2491
December	1.2593	1.2317	1.2416