2014 XDR to MAD Historical Review

YEARLY HIGH

13.1109 MAD

YEARLY LOW

12.5405 MAD

YEARLY AVERAGE

12.7752 MAD

2014 XDR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the XDR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 13.1109. Conversely, the yearly low was recorded on March 17, dropping to 12.5405.

This high-to-low spread represents a total annual volatility of 0.5704 MAD. From a start-to-finish perspective, comparing the January average rate of 12.6422 to the December average rate of 13.0109, the exchange rate registered a net change of 2.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 13.1109 was up 0.67% compared to the 2013 peak of 13.0234, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65,555 MAD

2013 Average 63,875 MAD

Yearly Trough Low 62,703 MAD

Transaction Impact: A difference of 2,851.93 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

13.0533

12.5446

JanuMarcMayJulySeptNove

XDR 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 12.6405, compared to 12.9099 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2694 points.

H1 Avg (Jan–Jun) 12.6405

H2 Avg (Jul–Dec) 12.9099

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.1661 MAD (High: 13.0042 / Low: 12.8381). On the other end, April was the most stable month, with a tight range of 0.0472 MAD (High: 12.6204 / Low: 12.5732).

September Spread (Volatile) ±0.1661

April Spread (Stable) ±0.0472

Growth Streaks & Declines

Trends

Between March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0632 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0632

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 13.0109) against the same month in 2013 (average: 12.6211), the exchange rate shifted by +0.3898 (+3.09%).

2014 Avg (December) 13.0109

2013 Avg (December) 12.6211

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.7063	12.5772	12.6422
February	12.7246	12.6138	12.6501
March	12.6332	12.5405	12.5869
April	12.6204	12.5732	12.5964
May	12.6997	12.5948	12.6529
June	12.7490	12.6733	12.7147
July	12.7938	12.7196	12.7603
August	12.8704	12.7595	12.7994
September	13.0042	12.8381	12.9160
October	13.0770	12.9241	12.9952
November	13.0648	12.9091	12.9778
December	13.1109	12.9481	13.0109