2015 MRO to MAD Historical Review

YEARLY HIGH

0.0348 MAD

YEARLY LOW

0.0293 MAD

YEARLY AVERAGE

0.0316 MAD

2015 MRO to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MRO to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 0.0348. Conversely, the yearly low was recorded on November 9, dropping to 0.0293.

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 0.0322 to the December average rate of 0.0325, the exchange rate registered a net change of 1.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0348 was up 12.35% compared to the 2014 peak of 0.0310, 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 174 MAD

2014 Average 144 MAD

Yearly Trough Low 146 MAD

Transaction Impact: A difference of 27.72 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0336

0.0298

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 0.0319, compared to 0.0313 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0319

H2 Avg (Jul–Dec) 0.0313

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.0037 MAD (High: 0.0348 / Low: 0.0311). On the other end, February was the most stable month, with a tight range of 0.0006 MAD (High: 0.0331 / Low: 0.0325).

March Spread (Volatile) ±0.0037

February Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0017 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 0.0333) against the same month in 2014 (average: 0.0278), the exchange rate shifted by +0.0055 (+19.68%).

2015 Avg (March) 0.0333

2014 Avg (March) 0.0278

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0331	0.0310	0.0322
February	0.0331	0.0325	0.0327
March	0.0348	0.0311	0.0333
April	0.0322	0.0311	0.0316
May	0.0319	0.0303	0.0310
June	0.0315	0.0297	0.0303
July	0.0305	0.0298	0.0301
August	0.0309	0.0300	0.0304
September	0.0333	0.0303	0.0312
October	0.0334	0.0300	0.0325
November	0.0319	0.0293	0.0310
December	0.0336	0.0317	0.0325