2014 MZN to MAD Historical Review

YEARLY HIGH

0.2865 MAD

YEARLY LOW

0.2517 MAD

YEARLY AVERAGE

0.2692 MAD

2014 MZN to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MZN to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.2865. Conversely, the yearly low was recorded on March 1, dropping to 0.2517.

This high-to-low spread represents a total annual volatility of 0.0348 MAD. From a start-to-finish perspective, comparing the January average rate of 0.2726 to the December average rate of 0.2701, the exchange rate registered a net change of -0.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2865 was down 1.69% compared to the 2013 peak of 0.2914, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,432 MAD

2013 Average 1,405 MAD

Yearly Trough Low 1,258 MAD

Transaction Impact: A difference of 174.14 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2849

0.2543

JanuMarcMayJulySeptNove

MZN 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 0.2619, compared to 0.2765 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0145 points.

H1 Avg (Jan–Jun) 0.2619

H2 Avg (Jul–Dec) 0.2765

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0175 MAD (High: 0.2805 / Low: 0.2630). On the other end, June was the most stable month, with a tight range of 0.0033 MAD (High: 0.2633 / Low: 0.2600).

December Spread (Volatile) ±0.0175

June Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0130 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0130

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 0.2824) against the same month in 2013 (average: 0.2772), the exchange rate shifted by +0.0052 (+1.86%).

2014 Avg (November) 0.2824

2013 Avg (November) 0.2772

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2759	0.2663	0.2726
February	0.2692	0.2519	0.2596
March	0.2623	0.2517	0.2568
April	0.2632	0.2571	0.2607
May	0.2621	0.2578	0.2601
June	0.2633	0.2600	0.2619
July	0.2739	0.2609	0.2670
August	0.2787	0.2737	0.2761
September	0.2861	0.2781	0.2819
October	0.2852	0.2781	0.2813
November	0.2865	0.2777	0.2824
December	0.2805	0.2630	0.2701