2014 TTD to MAD Historical Review

YEARLY HIGH

1.4206 MAD

YEARLY LOW

1.2562 MAD

YEARLY AVERAGE

1.3186 MAD

2014 TTD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TTD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.4206. Conversely, the yearly low was recorded on April 13, dropping to 1.2562.

This high-to-low spread represents a total annual volatility of 0.1644 MAD. From a start-to-finish perspective, comparing the January average rate of 1.2854 to the December average rate of 1.4050, the exchange rate registered a net change of 9.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.4206 was up 5.27% compared to the 2013 peak of 1.3495, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,103 MAD

2013 Average 6,561 MAD

Yearly Trough Low 6,281 MAD

Transaction Impact: A difference of 821.95 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.4192

1.2487

JanuMarcMayJulySeptNove

TTD 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 1.2770, compared to 1.3603 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0833 points.

H1 Avg (Jan–Jun) 1.2770

H2 Avg (Jul–Dec) 1.3603

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0456 MAD (High: 1.3812 / Low: 1.3355). On the other end, November was the most stable month, with a tight range of 0.0145 MAD (High: 1.4027 / Low: 1.3882).

September Spread (Volatile) ±0.0456

November Spread (Stable) ±0.0145

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0118 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0118

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.4050) against the same month in 2013 (average: 1.2808), the exchange rate shifted by +0.1242 (+9.70%).

2014 Avg (December) 1.4050

2013 Avg (December) 1.2808

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2942	1.2745	1.2854
February	1.2958	1.2742	1.2835
March	1.2831	1.2671	1.2747
April	1.2722	1.2562	1.2629
May	1.2783	1.2584	1.2702
June	1.2971	1.2763	1.2853
July	1.3151	1.2885	1.3019
August	1.3354	1.3098	1.3224
September	1.3812	1.3355	1.3578
October	1.3874	1.3668	1.3784
November	1.4027	1.3882	1.3962
December	1.4206	1.3880	1.4050