2014 NOK to MAD Historical Review

YEARLY HIGH

1.3845 MAD

YEARLY LOW

1.1869 MAD

YEARLY AVERAGE

1.3367 MAD

2014 NOK to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NOK to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 10, valuing the pair at 1.3845. Conversely, the yearly low was recorded on December 16, dropping to 1.1869.

This high-to-low spread represents a total annual volatility of 0.1976 MAD. From a start-to-finish perspective, comparing the January average rate of 1.3376 to the December average rate of 1.2245, the exchange rate registered a net change of -8.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.3845 was down 9.26% compared to the 2013 peak of 1.5258, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,923 MAD

2013 Average 7,158 MAD

Yearly Trough Low 5,934 MAD

Transaction Impact: A difference of 988.15 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.3924

1.2092

JanuMarcMayJulySeptNove

NOK 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 1.3562, compared to 1.3172 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0390 points.

H1 Avg (Jan–Jun) 1.3562

H2 Avg (Jul–Dec) 1.3172

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0851 MAD (High: 1.2720 / Low: 1.1869). On the other end, July was the most stable month, with a tight range of 0.0152 MAD (High: 1.3454 / Low: 1.3301).

December Spread (Volatile) ±0.0851

July Spread (Stable) ±0.0152

Growth Streaks & Declines

Trends

Between January and May, 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 November and December, when the average rate fell by 0.0729 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0729

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2014: 1.3660) against the same month in 2013 (average: 1.4395), the exchange rate shifted by -0.0736 (-5.11%).

2014 Avg (June) 1.3660

2013 Avg (June) 1.4395

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3469	1.3232	1.3376
February	1.3562	1.3170	1.3407
March	1.3622	1.3453	1.3553
April	1.3672	1.3500	1.3603
May	1.3834	1.3635	1.3772
June	1.3845	1.3380	1.3660
July	1.3454	1.3301	1.3364
August	1.3694	1.3289	1.3530
September	1.3705	1.3408	1.3570
October	1.3599	1.3069	1.3350
November	1.3082	1.2598	1.2974
December	1.2720	1.1869	1.2245