2014 TJS to MAD Historical Review

YEARLY HIGH

1.7678 MAD

YEARLY LOW

1.6449 MAD

YEARLY AVERAGE

1.7063 MAD

2014 TJS to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TJS to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 1.7678. Conversely, the yearly low was recorded on May 2, dropping to 1.6449.

This high-to-low spread represents a total annual volatility of 0.1229 MAD. From a start-to-finish perspective, comparing the January average rate of 1.7240 to the December average rate of 1.7361, the exchange rate registered a net change of 0.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.7678 was down 2.92% compared to the 2013 peak of 1.8210, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,839 MAD

2013 Average 8,824 MAD

Yearly Trough Low 8,225 MAD

Transaction Impact: A difference of 614.38 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.7579

1.6592

JanuMarcMayJulySeptNove

TJS 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 1.6925, compared to 1.7201 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0276 points.

H1 Avg (Jan–Jun) 1.6925

H2 Avg (Jul–Dec) 1.7201

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0473 MAD (High: 1.7531 / Low: 1.7058). On the other end, July was the most stable month, with a tight range of 0.0201 MAD (High: 1.6833 / Low: 1.6633).

September Spread (Volatile) ±0.0473

July Spread (Stable) ±0.0201

Growth Streaks & Declines

Trends

Between July and October, 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 February and March, when the average rate fell by 0.0179 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0179

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 1.7497) against the same month in 2013 (average: 1.7257), the exchange rate shifted by +0.0240 (+1.39%).

2014 Avg (October) 1.7497

2013 Avg (October) 1.7257

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7337	1.7115	1.7240
February	1.7291	1.6960	1.7108
March	1.7031	1.6812	1.6929
April	1.6891	1.6567	1.6829
May	1.6801	1.6449	1.6674
June	1.6874	1.6609	1.6767
July	1.6833	1.6633	1.6736
August	1.7040	1.6735	1.6850
September	1.7531	1.7058	1.7284
October	1.7678	1.7364	1.7497
November	1.7671	1.7313	1.7477
December	1.7503	1.7118	1.7361