2013 PEN to MAD Historical Review

YEARLY HIGH

3.3454 MAD

YEARLY LOW

2.9117 MAD

YEARLY AVERAGE

3.1164 MAD

2013 PEN to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the PEN to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 3.3454. Conversely, the yearly low was recorded on December 29, dropping to 2.9117.

This high-to-low spread represents a total annual volatility of 0.4337 MAD. From a start-to-finish perspective, comparing the January average rate of 3.2929 to the December average rate of 2.9447, the exchange rate registered a net change of -10.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 3.3454 was down 2.75% compared to the 2012 peak of 3.4399, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,727 MAD

2012 Average 16,373 MAD

Yearly Trough Low 14,558 MAD

Transaction Impact: A difference of 2,168.60 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

3.3382

2.9089

JanuMarcMayJulySeptNove

PEN 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 3.2402, compared to 2.9926 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2475 points.

H1 Avg (Jan–Jun) 3.2402

H2 Avg (Jul–Dec) 2.9926

Volatility Range Comparison

Volatility

The most volatile month in 2013 was May, with a trading range of 0.1407 MAD (High: 3.2975 / Low: 3.1567). On the other end, November was the most stable month, with a tight range of 0.0419 MAD (High: 2.9884 / Low: 2.9465).

May Spread (Volatile) ±0.1407

November Spread (Stable) ±0.0419

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.1657 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1657

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2013: 3.3025) against the same month in 2012 (average: 3.1616), the exchange rate shifted by +0.1409 (+4.46%).

2013 Avg (March) 3.3025

2012 Avg (March) 3.1616

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.3450	3.2148	3.2929
February	3.2869	3.1801	3.2404
March	3.3454	3.2640	3.3025
April	3.3413	3.2157	3.2885
May	3.2975	3.1567	3.2413
June	3.1530	3.0255	3.0756
July	3.1139	3.0153	3.0633
August	3.0230	2.9672	2.9957
September	3.0309	2.9846	3.0119
October	2.9952	2.9490	2.9717
November	2.9884	2.9465	2.9685
December	2.9669	2.9117	2.9447