YEARLY HIGH
4.0041 MAD
YEARLY LOW
3.5145 MAD
YEARLY AVERAGE
3.8463 MAD

2014 TRY to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TRY to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 4.0041. Conversely, the yearly low was recorded on January 26, dropping to 3.5145.

This high-to-low spread represents a total annual volatility of 0.4896 MAD. From a start-to-finish perspective, comparing the January average rate of 3.7116 to the December average rate of 3.8955, the exchange rate registered a net change of 4.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 4.0041 was down 16.44% compared to the 2013 peak of 4.7918, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 200,207 MAD
2013 Average 221,349 MAD
Yearly Trough Low 175,726 MAD
Transaction Impact: A difference of 24,480.48 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

3.9909
3.6459
JanuMarcMayJulySeptNove

TRY 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 3.7899, compared to 3.9027 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1128 points.

H1 Avg (Jan–Jun) 3.7899
H2 Avg (Jul–Dec) 3.9027

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.2947 MAD (High: 3.8093 / Low: 3.5145). On the other end, August was the most stable month, with a tight range of 0.0759 MAD (High: 3.9247 / Low: 3.8488).

January Spread (Volatile) ±0.2947
August Spread (Stable) ±0.0759

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 November and December, when the average rate fell by 0.0666 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0666

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 3.9621) against the same month in 2013 (average: 4.1011), the exchange rate shifted by -0.1389 (-3.39%).

2014 Avg (November) 3.9621
2013 Avg (November) 4.1011

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.8093 3.5145 3.7116
February 3.7591 3.6353 3.7188
March 3.8004 3.6222 3.6747
April 3.8809 3.7849 3.8279
May 3.9561 3.8480 3.9121
June 3.9782 3.8470 3.8945
July 3.9790 3.8618 3.9065
August 3.9247 3.8488 3.8847
September 3.9741 3.8385 3.8926
October 3.9817 3.8225 3.8748
November 4.0041 3.9222 3.9621
December 3.9934 3.7477 3.8955