2013 VUV to MAD Historical Review

YEARLY HIGH

0.0945 MAD

YEARLY LOW

0.0841 MAD

YEARLY AVERAGE

0.0896 MAD

2013 VUV to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the VUV to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 2, valuing the pair at 0.0945. Conversely, the yearly low was recorded on December 29, dropping to 0.0841.

This high-to-low spread represents a total annual volatility of 0.0104 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0928 to the December average rate of 0.0854, the exchange rate registered a net change of -7.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0945 was down 5.32% compared to the 2012 peak of 0.0998, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 472 MAD

2012 Average 473 MAD

Yearly Trough Low 421 MAD

Transaction Impact: A difference of 51.84 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0945

0.0846

JanuMarcMayJulySeptNove

VUV 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 0.0924, compared to 0.0869 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.0924

H2 Avg (Jul–Dec) 0.0869

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.0035 MAD (High: 0.0915 / Low: 0.0880). On the other end, October was the most stable month, with a tight range of 0.0009 MAD (High: 0.0875 / Low: 0.0866).

June Spread (Volatile) ±0.0035

October Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between August and November, 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 0.0032 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2013: 0.0934) against the same month in 2012 (average: 0.0938), the exchange rate shifted by -0.0005 (-0.50%).

2013 Avg (April) 0.0934

2012 Avg (April) 0.0938

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0935	0.0912	0.0928
February	0.0941	0.0917	0.0928
March	0.0944	0.0930	0.0936
April	0.0945	0.0926	0.0934
May	0.0932	0.0912	0.0924
June	0.0915	0.0880	0.0892
July	0.0896	0.0874	0.0883
August	0.0877	0.0856	0.0865
September	0.0880	0.0862	0.0870
October	0.0875	0.0866	0.0870
November	0.0882	0.0861	0.0874
December	0.0873	0.0841	0.0854