2014 NZD to MAD Historical Review

YEARLY HIGH

7.2776 MAD

YEARLY LOW

6.6920 MAD

YEARLY AVERAGE

6.9767 MAD

2014 NZD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NZD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 7.2776. Conversely, the yearly low was recorded on February 3, dropping to 6.6920.

This high-to-low spread represents a total annual volatility of 0.5856 MAD. From a start-to-finish perspective, comparing the January average rate of 6.8067 to the December average rate of 6.9374, the exchange rate registered a net change of 1.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 7.2776 was down 0.87% compared to the 2013 peak of 7.3411, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 36,388 MAD

2013 Average 34,477 MAD

Yearly Trough Low 33,460 MAD

Transaction Impact: A difference of 2,927.78 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

7.2288

6.7672

JanuMarcMayJulySeptNove

NZD 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 6.9515, compared to 7.0019 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0503 points.

H1 Avg (Jan–Jun) 6.9515

H2 Avg (Jul–Dec) 7.0019

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.3518 MAD (High: 7.1427 / Low: 6.7909). On the other end, August was the most stable month, with a tight range of 0.0755 MAD (High: 7.1074 / Low: 7.0318).

September Spread (Volatile) ±0.3518

August Spread (Stable) ±0.0755

Growth Streaks & Declines

Trends

Between February and July, 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 September and October, when the average rate fell by 0.1374 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1374

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 7.1903) against the same month in 2013 (average: 6.7109), the exchange rate shifted by +0.4794 (+7.14%).

2014 Avg (July) 7.1903

2013 Avg (July) 6.7109

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.8905	6.7017	6.8067
February	6.8574	6.6920	6.8056
March	7.0839	6.8238	6.9345
April	7.0810	6.9281	7.0056
May	7.0942	6.9958	7.0372
June	7.2358	6.9436	7.1197
July	7.2776	7.0748	7.1903
August	7.1074	7.0318	7.0737
September	7.1427	6.7909	7.0081
October	6.9276	6.8193	6.8707
November	7.0126	6.8192	6.9311
December	7.0656	6.8398	6.9374