2015 NAD to MAD Historical Review

YEARLY HIGH

0.8464 MAD

YEARLY LOW

0.6201 MAD

YEARLY AVERAGE

0.7681 MAD

2015 NAD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NAD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.8464. Conversely, the yearly low was recorded on December 11, dropping to 0.6201.

This high-to-low spread represents a total annual volatility of 0.2264 MAD. From a start-to-finish perspective, comparing the January average rate of 0.8099 to the December average rate of 0.6580, the exchange rate registered a net change of -18.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.8464 was up 4.23% compared to the 2014 peak of 0.8121, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,232 MAD

2014 Average 3,878 MAD

Yearly Trough Low 3,100 MAD

Transaction Impact: A difference of 1,131.77 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.8437

0.6412

JanuMarcMayJulySeptNove

NAD 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 0.8133, compared to 0.7230 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0903 points.

H1 Avg (Jan–Jun) 0.8133

H2 Avg (Jul–Dec) 0.7230

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.0793 MAD (High: 0.6994 / Low: 0.6201). On the other end, March was the most stable month, with a tight range of 0.0185 MAD (High: 0.8295 / Low: 0.8109).

December Spread (Volatile) ±0.0793

March Spread (Stable) ±0.0185

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2015. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0472 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0472

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 0.8099) against the same month in 2014 (average: 0.7584), the exchange rate shifted by +0.0515 (+6.79%).

2015 Avg (January) 0.8099

2014 Avg (January) 0.7584

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8464	0.7795	0.8099
February	0.8367	0.8111	0.8232
March	0.8295	0.8109	0.8194
April	0.8393	0.8156	0.8268
May	0.8250	0.8034	0.8129
June	0.8044	0.7734	0.7876
July	0.8011	0.7744	0.7882
August	0.7795	0.7232	0.7563
September	0.7265	0.6911	0.7107
October	0.7370	0.6985	0.7196
November	0.7165	0.6925	0.7052
December	0.6994	0.6201	0.6580