2014 XPF to MAD Historical Review

YEARLY HIGH

0.0944 MAD

YEARLY LOW

0.0917 MAD

YEARLY AVERAGE

0.0934 MAD

2014 XPF to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the XPF to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 0.0944. Conversely, the yearly low was recorded on December 28, dropping to 0.0917.

This high-to-low spread represents a total annual volatility of 0.0027 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0939 to the December average rate of 0.0921, the exchange rate registered a net change of -1.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0944 was down 0.02% compared to the 2013 peak of 0.0945, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 472 MAD

2013 Average 468 MAD

Yearly Trough Low 459 MAD

Transaction Impact: A difference of 13.60 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0943

0.0919

JanuMarcMayJulySeptNove

XPF 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 0.0939, compared to 0.0929 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0939

H2 Avg (Jul–Dec) 0.0929

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.0009 MAD (High: 0.0931 / Low: 0.0923). On the other end, June was the most stable month, with a tight range of 0.0003 MAD (High: 0.0940 / Low: 0.0937).

October Spread (Volatile) ±0.0009

June Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and March, 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 0.0004 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 0.0941) against the same month in 2013 (average: 0.0931), the exchange rate shifted by +0.0010 (+1.11%).

2014 Avg (March) 0.0941

2013 Avg (March) 0.0931

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0942	0.0936	0.0939
February	0.0942	0.0935	0.0939
March	0.0944	0.0938	0.0941
April	0.0944	0.0937	0.0940
May	0.0943	0.0937	0.0939
June	0.0940	0.0937	0.0938
July	0.0941	0.0935	0.0938
August	0.0938	0.0933	0.0935
September	0.0935	0.0927	0.0931
October	0.0931	0.0923	0.0928
November	0.0928	0.0921	0.0924
December	0.0924	0.0917	0.0921