2015 NPR to MAD Historical Review

YEARLY HIGH

0.1008 MAD

YEARLY LOW

0.0896 MAD

YEARLY AVERAGE

0.0951 MAD

2015 NPR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NPR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 12, valuing the pair at 0.1008. Conversely, the yearly low was recorded on August 24, dropping to 0.0896.

This high-to-low spread represents a total annual volatility of 0.0113 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0939 to the December average rate of 0.0932, the exchange rate registered a net change of -0.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.1008 was up 11.56% compared to the 2014 peak of 0.0904, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 504 MAD

2014 Average 430 MAD

Yearly Trough Low 448 MAD

Transaction Impact: A difference of 56.32 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0999

0.0908

JanuMarcMayJulySeptNove

NPR 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 0.0964, compared to 0.0937 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.0964

H2 Avg (Jul–Dec) 0.0937

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0087 MAD (High: 0.0983 / Low: 0.0896). On the other end, November was the most stable month, with a tight range of 0.0011 MAD (High: 0.0947 / Low: 0.0936).

January Spread (Volatile) ±0.0087

November Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0037 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2015: 0.0992) against the same month in 2014 (average: 0.0842), the exchange rate shifted by +0.0150 (+17.78%).

2015 Avg (April) 0.0992

2014 Avg (April) 0.0842

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0983	0.0896	0.0939
February	0.0973	0.0953	0.0961
March	0.1007	0.0973	0.0989
April	0.1008	0.0966	0.0992
May	0.0965	0.0940	0.0955
June	0.0966	0.0941	0.0949
July	0.0975	0.0954	0.0964
August	0.0967	0.0896	0.0937
September	0.0926	0.0906	0.0915
October	0.0949	0.0922	0.0931
November	0.0947	0.0936	0.0943
December	0.0946	0.0920	0.0932