2015 RON to MAD Historical Review

YEARLY HIGH

2.4872 MAD

YEARLY LOW

2.3810 MAD

YEARLY AVERAGE

2.4339 MAD

2015 RON to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the RON to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 2.4872. Conversely, the yearly low was recorded on December 31, dropping to 2.3810.

This high-to-low spread represents a total annual volatility of 0.1062 MAD. From a start-to-finish perspective, comparing the January average rate of 2.4275 to the December average rate of 2.3928, the exchange rate registered a net change of -1.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 2.4872 was down 2.92% compared to the 2014 peak of 2.5619, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,436 MAD

2014 Average 12,562 MAD

Yearly Trough Low 11,905 MAD

Transaction Impact: A difference of 530.94 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

2.4727

2.3855

JanuMarcMayJulySeptNove

RON 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 2.4318, compared to 2.4360 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 2.4318

H2 Avg (Jul–Dec) 2.4360

Volatility Range Comparison

Volatility

The most volatile month in 2015 was May, with a trading range of 0.0590 MAD (High: 2.4710 / Low: 2.4120). On the other end, September was the most stable month, with a tight range of 0.0247 MAD (High: 2.4781 / Low: 2.4534).

May Spread (Volatile) ±0.0590

September Spread (Stable) ±0.0247

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0556 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0556

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2015: 2.4635) against the same month in 2014 (average: 2.5093), the exchange rate shifted by -0.0458 (-1.82%).

2015 Avg (October) 2.4635

2014 Avg (October) 2.5093

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4426	2.4122	2.4275
February	2.4657	2.4290	2.4418
March	2.4347	2.3923	2.4153
April	2.4624	2.4112	2.4285
May	2.4710	2.4120	2.4439
June	2.4566	2.4189	2.4341
July	2.4526	2.4093	2.4321
August	2.4823	2.4403	2.4542
September	2.4781	2.4534	2.4654
October	2.4872	2.4352	2.4635
November	2.4404	2.3885	2.4079
December	2.4109	2.3810	2.3928