2014 NIO to MAD Historical Review

YEARLY HIGH

0.3415 MAD

YEARLY LOW

0.3143 MAD

YEARLY AVERAGE

0.3238 MAD

2014 NIO to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NIO to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.3415. Conversely, the yearly low was recorded on May 6, dropping to 0.3143.

This high-to-low spread represents a total annual volatility of 0.0271 MAD. From a start-to-finish perspective, comparing the January average rate of 0.3240 to the December average rate of 0.3373, the exchange rate registered a net change of 4.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3415 was down 3.92% compared to the 2013 peak of 0.3554, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,707 MAD

2013 Average 1,704 MAD

Yearly Trough Low 1,572 MAD

Transaction Impact: A difference of 135.52 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.3394

0.3142

JanuMarcMayJulySeptNove

NIO 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 0.3194, compared to 0.3282 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0088 points.

H1 Avg (Jan–Jun) 0.3194

H2 Avg (Jul–Dec) 0.3282

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.0113 MAD (High: 0.3376 / Low: 0.3263). On the other end, November was the most stable month, with a tight range of 0.0037 MAD (High: 0.3346 / Low: 0.3309).

October Spread (Volatile) ±0.0113

November Spread (Stable) ±0.0037

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0042 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.3373) against the same month in 2013 (average: 0.3241), the exchange rate shifted by +0.0132 (+4.06%).

2014 Avg (December) 0.3373

2013 Avg (December) 0.3241

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3264	0.3214	0.3240
February	0.3263	0.3198	0.3224
March	0.3215	0.3153	0.3183
April	0.3188	0.3147	0.3163
May	0.3200	0.3143	0.3173
June	0.3203	0.3158	0.3183
July	0.3209	0.3163	0.3182
August	0.3241	0.3202	0.3215
September	0.3342	0.3239	0.3287
October	0.3376	0.3263	0.3304
November	0.3346	0.3309	0.3331
December	0.3415	0.3327	0.3373