2014 QAR to MAD Historical Review

YEARLY HIGH

2.4877 MAD

YEARLY LOW

2.2195 MAD

YEARLY AVERAGE

2.3105 MAD

2014 QAR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the QAR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.4877. Conversely, the yearly low was recorded on March 17, dropping to 2.2195.

This high-to-low spread represents a total annual volatility of 0.2683 MAD. From a start-to-finish perspective, comparing the January average rate of 2.2608 to the December average rate of 2.4548, the exchange rate registered a net change of 8.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.4877 was up 4.62% compared to the 2013 peak of 2.3778, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,439 MAD

2013 Average 11,546 MAD

Yearly Trough Low 11,097 MAD

Transaction Impact: A difference of 1,341.30 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.4769

2.2113

JanuMarcMayJulySeptNove

QAR 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 2.2496, compared to 2.3714 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1218 points.

H1 Avg (Jan–Jun) 2.2496

H2 Avg (Jul–Dec) 2.3714

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0750 MAD (High: 2.4037 / Low: 2.3287). On the other end, June was the most stable month, with a tight range of 0.0213 MAD (High: 2.2744 / Low: 2.2531).

September Spread (Volatile) ±0.0750

June Spread (Stable) ±0.0213

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0226 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0226

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 2.4548) against the same month in 2013 (average: 2.2534), the exchange rate shifted by +0.2014 (+8.94%).

2014 Avg (December) 2.4548

2013 Avg (December) 2.2534

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2762	2.2438	2.2608
February	2.2791	2.2380	2.2560
March	2.2459	2.2195	2.2334
April	2.2496	2.2263	2.2346
May	2.2646	2.2240	2.2470
June	2.2744	2.2531	2.2655
July	2.2938	2.2577	2.2736
August	2.3299	2.2876	2.3032
September	2.4037	2.3287	2.3662
October	2.4264	2.3825	2.4007
November	2.4438	2.4166	2.4299
December	2.4877	2.4233	2.4548