2013 MRO to MAD Historical Review

YEARLY HIGH

0.0326 MAD

YEARLY LOW

0.0270 MAD

YEARLY AVERAGE

0.0287 MAD

2013 MRO to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MRO to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 17, valuing the pair at 0.0326. Conversely, the yearly low was recorded on October 26, dropping to 0.0270.

This high-to-low spread represents a total annual volatility of 0.0055 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0279 to the December average rate of 0.0281, the exchange rate registered a net change of 0.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0326 was up 5.67% compared to the 2012 peak of 0.0308, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 163 MAD

2012 Average 146 MAD

Yearly Trough Low 135 MAD

Transaction Impact: A difference of 27.75 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0316

0.0271

JanuMarcMayJulySeptNove

MRO 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 0.0293, compared to 0.0281 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0293

H2 Avg (Jul–Dec) 0.0281

Volatility Range Comparison

Volatility

The most volatile month in 2013 was May, with a trading range of 0.0040 MAD (High: 0.0326 / Low: 0.0286). On the other end, December was the most stable month, with a tight range of 0.0006 MAD (High: 0.0284 / Low: 0.0279).

May Spread (Volatile) ±0.0040

December Spread (Stable) ±0.0006

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 May and June, when the average rate fell by 0.0024 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2013: 0.0307) against the same month in 2012 (average: 0.0298), the exchange rate shifted by +0.0009 (+3.15%).

2013 Avg (May) 0.0307

2012 Avg (May) 0.0298

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0282	0.0275	0.0279
February	0.0287	0.0273	0.0279
March	0.0312	0.0287	0.0297
April	0.0323	0.0307	0.0312
May	0.0326	0.0286	0.0307
June	0.0289	0.0278	0.0283
July	0.0294	0.0277	0.0286
August	0.0286	0.0277	0.0279
September	0.0290	0.0276	0.0284
October	0.0283	0.0270	0.0275
November	0.0284	0.0273	0.0278
December	0.0284	0.0279	0.0281