2015 VUV to MAD Historical Review

YEARLY HIGH

0.0962 MAD

YEARLY LOW

0.0851 MAD

YEARLY AVERAGE

0.0902 MAD

2015 VUV to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the VUV to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 12, valuing the pair at 0.0962. Conversely, the yearly low was recorded on September 14, dropping to 0.0851.

This high-to-low spread represents a total annual volatility of 0.0111 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0904 to the December average rate of 0.0885, the exchange rate registered a net change of -2.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0962 was up 6.14% compared to the 2014 peak of 0.0906, 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 481 MAD

2014 Average 437 MAD

Yearly Trough Low 425 MAD

Transaction Impact: A difference of 55.29 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0947

0.0860

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 0.0919, compared to 0.0885 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.0919

H2 Avg (Jul–Dec) 0.0885

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0054 MAD (High: 0.0937 / Low: 0.0883). On the other end, February was the most stable month, with a tight range of 0.0013 MAD (High: 0.0908 / Low: 0.0896).

January Spread (Volatile) ±0.0054

February Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 0.0022 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2015: 0.0940) against the same month in 2014 (average: 0.0864), the exchange rate shifted by +0.0076 (+8.82%).

2015 Avg (April) 0.0940

2014 Avg (April) 0.0864

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0937	0.0883	0.0904
February	0.0908	0.0896	0.0901
March	0.0949	0.0908	0.0930
April	0.0962	0.0919	0.0940
May	0.0946	0.0915	0.0926
June	0.0930	0.0906	0.0915
July	0.0918	0.0897	0.0908
August	0.0906	0.0869	0.0892
September	0.0893	0.0851	0.0870
October	0.0885	0.0855	0.0867
November	0.0897	0.0882	0.0888
December	0.0899	0.0881	0.0885