2015 SVC to MAD Historical Review

YEARLY HIGH

1.1538 MAD

YEARLY LOW

1.0322 MAD

YEARLY AVERAGE

1.1147 MAD

2015 SVC to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the SVC to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 1.1538. Conversely, the yearly low was recorded on January 1, dropping to 1.0322.

This high-to-low spread represents a total annual volatility of 0.1216 MAD. From a start-to-finish perspective, comparing the January average rate of 1.0694 to the December average rate of 1.1342, the exchange rate registered a net change of 6.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.1538 was up 11.76% compared to the 2014 peak of 1.0324, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,769 MAD

2014 Average 4,808 MAD

Yearly Trough Low 5,161 MAD

Transaction Impact: A difference of 608.07 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.1479

1.0622

JanuMarcMayJulySeptNove

SVC 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 1.1076, compared to 1.1218 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0142 points.

H1 Avg (Jan–Jun) 1.1076

H2 Avg (Jul–Dec) 1.1218

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0731 MAD (High: 1.1053 / Low: 1.0322). On the other end, February was the most stable month, with a tight range of 0.0128 MAD (High: 1.0969 / Low: 1.0840).

January Spread (Volatile) ±0.0731

February Spread (Stable) ±0.0128

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 0.0223 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0223

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 1.1293) against the same month in 2014 (average: 0.9298), the exchange rate shifted by +0.1995 (+21.45%).

2015 Avg (March) 1.1293

2014 Avg (March) 0.9298

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1053	1.0322	1.0694
February	1.0969	1.0840	1.0899
March	1.1538	1.0921	1.1293
April	1.1503	1.1165	1.1358
May	1.1266	1.0933	1.1135
June	1.1251	1.0979	1.1075
July	1.1317	1.1133	1.1214
August	1.1291	1.0971	1.1152
September	1.1138	1.1008	1.1094
October	1.1284	1.0971	1.1097
November	1.1521	1.1242	1.1407
December	1.1503	1.1255	1.1342