2014 PKR to MAD Historical Review

YEARLY HIGH

0.0900 MAD

YEARLY LOW

0.0775 MAD

YEARLY AVERAGE

0.0833 MAD

2014 PKR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PKR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0900. Conversely, the yearly low was recorded on January 1, dropping to 0.0775.

This high-to-low spread represents a total annual volatility of 0.0125 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0781 to the December average rate of 0.0886, the exchange rate registered a net change of 13.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0900 was up 2.25% compared to the 2013 peak of 0.0880, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 44,986 MAD

2013 Average 41,470 MAD

Yearly Trough Low 38,756 MAD

Transaction Impact: A difference of 6,229.51 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0897

0.0770

JanuMarcMayJulySeptNove

PKR 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 0.0812, compared to 0.0854 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.0812

H2 Avg (Jul–Dec) 0.0854

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 0.0058 MAD (High: 0.0835 / Low: 0.0777). On the other end, February was the most stable month, with a tight range of 0.0010 MAD (High: 0.0786 / Low: 0.0776).

March Spread (Volatile) ±0.0058

February Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between August and December, 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 April and May, when the average rate fell by 0.0005 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0886) against the same month in 2013 (average: 0.0767), the exchange rate shifted by +0.0120 (+15.61%).

2014 Avg (December) 0.0886

2013 Avg (December) 0.0767

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0786	0.0775	0.0781
February	0.0786	0.0776	0.0781
March	0.0835	0.0777	0.0812
April	0.0845	0.0823	0.0834
May	0.0835	0.0820	0.0829
June	0.0841	0.0831	0.0837
July	0.0846	0.0833	0.0838
August	0.0846	0.0830	0.0838
September	0.0854	0.0830	0.0840
October	0.0860	0.0843	0.0851
November	0.0875	0.0857	0.0868
December	0.0900	0.0868	0.0886