2015 QAR to MAD Historical Review

YEARLY HIGH

2.7823 MAD

YEARLY LOW

2.4959 MAD

YEARLY AVERAGE

2.6775 MAD

2015 QAR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the QAR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 2.7823. Conversely, the yearly low was recorded on January 2, dropping to 2.4959.

This high-to-low spread represents a total annual volatility of 0.2864 MAD. From a start-to-finish perspective, comparing the January average rate of 2.5724 to the December average rate of 2.7173, the exchange rate registered a net change of 5.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 2.7823 was up 11.84% compared to the 2014 peak of 2.4877, 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 13,912 MAD

2014 Average 11,554 MAD

Yearly Trough Low 12,480 MAD

Transaction Impact: A difference of 1,432.02 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

2.7577

2.5555

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 2.6614, compared to 2.6936 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0321 points.

H1 Avg (Jan–Jun) 2.6614

H2 Avg (Jul–Dec) 2.6936

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.1575 MAD (High: 2.6534 / Low: 2.4959). On the other end, September was the most stable month, with a tight range of 0.0362 MAD (High: 2.6777 / Low: 2.6415).

January Spread (Volatile) ±0.1575

September Spread (Stable) ±0.0362

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0523 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0523

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 2.7181) against the same month in 2014 (average: 2.2334), the exchange rate shifted by +0.4846 (+21.70%).

2015 Avg (March) 2.7181

2014 Avg (March) 2.2334

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6534	2.4959	2.5724
February	2.6465	2.6005	2.6204
March	2.7823	2.6487	2.7181
April	2.7636	2.6705	2.7245
May	2.7094	2.6302	2.6722
June	2.7062	2.6437	2.6609
July	2.7199	2.6726	2.6943
August	2.7110	2.6175	2.6770
September	2.6777	2.6415	2.6643
October	2.7086	2.6335	2.6676
November	2.7649	2.6974	2.7409
December	2.7613	2.7011	2.7173