2014 PLN to MAD Historical Review

YEARLY HIGH

2.7424 MAD

YEARLY LOW

2.5113 MAD

YEARLY AVERAGE

2.6676 MAD

2014 PLN to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PLN to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 2.7424. Conversely, the yearly low was recorded on December 27, dropping to 2.5113.

This high-to-low spread represents a total annual volatility of 0.2311 MAD. From a start-to-finish perspective, comparing the January average rate of 2.6863 to the December average rate of 2.6001, the exchange rate registered a net change of -3.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.7424 was up 0.28% compared to the 2013 peak of 2.7347, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 54,848 MAD

2013 Average 53,236 MAD

Yearly Trough Low 50,226 MAD

Transaction Impact: A difference of 4,622.45 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.7235

2.5888

JanuMarcMayJulySeptNove

PLN 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 2.6897, compared to 2.6454 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0443 points.

H1 Avg (Jan–Jun) 2.6897

H2 Avg (Jul–Dec) 2.6454

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.1381 MAD (High: 2.6493 / Low: 2.5113). On the other end, September was the most stable month, with a tight range of 0.0171 MAD (High: 2.6601 / Low: 2.6429).

December Spread (Volatile) ±0.1381

September Spread (Stable) ±0.0171

Growth Streaks & Declines

Trends

Between March and June, 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 July and August, when the average rate fell by 0.0415 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0415

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2014: 2.7123) against the same month in 2013 (average: 2.6009), the exchange rate shifted by +0.1114 (+4.28%).

2014 Avg (June) 2.7123

2013 Avg (June) 2.6009

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7077	2.6368	2.6863
February	2.7071	2.6320	2.6874
March	2.7017	2.6574	2.6782
April	2.7001	2.6685	2.6857
May	2.7091	2.6756	2.6883
June	2.7424	2.6908	2.7123
July	2.7178	2.6796	2.7043
August	2.6788	2.6438	2.6628
September	2.6601	2.6429	2.6510
October	2.6540	2.6157	2.6345
November	2.6401	2.6057	2.6199
December	2.6493	2.5113	2.6001