2013 SCR to MAD Historical Review

YEARLY HIGH

0.7411 MAD

YEARLY LOW

0.6411 MAD

YEARLY AVERAGE

0.6964 MAD

2013 SCR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the SCR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 21, valuing the pair at 0.7411. Conversely, the yearly low was recorded on January 27, dropping to 0.6411.

This high-to-low spread represents a total annual volatility of 0.1001 MAD. From a start-to-finish perspective, comparing the January average rate of 0.6452 to the December average rate of 0.6803, the exchange rate registered a net change of 5.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.7411 was up 7.55% compared to the 2012 peak of 0.6891, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,706 MAD

2012 Average 3,151 MAD

Yearly Trough Low 3,205 MAD

Transaction Impact: A difference of 500.25 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.7372

0.6368

JanuMarcMayJulySeptNove

SCR 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 0.7001, compared to 0.6927 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0074 points.

H1 Avg (Jan–Jun) 0.7001

H2 Avg (Jul–Dec) 0.6927

Volatility Range Comparison

Volatility

The most volatile month in 2013 was March, with a trading range of 0.0509 MAD (High: 0.7411 / Low: 0.6902). On the other end, December was the most stable month, with a tight range of 0.0084 MAD (High: 0.6840 / Low: 0.6756).

March Spread (Volatile) ±0.0509

December Spread (Stable) ±0.0084

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 May and June, when the average rate fell by 0.0134 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0134

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2013: 0.7237) against the same month in 2012 (average: 0.5994), the exchange rate shifted by +0.1243 (+20.73%).

2013 Avg (March) 0.7237

2012 Avg (March) 0.5994

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6523	0.6411	0.6452
February	0.6896	0.6465	0.6627
March	0.7411	0.6902	0.7237
April	0.7398	0.7203	0.7288
May	0.7362	0.7203	0.7269
June	0.7252	0.7057	0.7134
July	0.7252	0.6987	0.7103
August	0.7056	0.6939	0.6992
September	0.7070	0.6871	0.6955
October	0.6890	0.6743	0.6826
November	0.6961	0.6812	0.6884
December	0.6840	0.6756	0.6803