2014 YER to MAD Historical Review

YEARLY HIGH

0.0421 MAD

YEARLY LOW

0.0376 MAD

YEARLY AVERAGE

0.0391 MAD

2014 YER to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the YER to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0421. Conversely, the yearly low was recorded on March 17, dropping to 0.0376.

This high-to-low spread represents a total annual volatility of 0.0045 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0383 to the December average rate of 0.0416, the exchange rate registered a net change of 8.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0421 was up 4.57% compared to the 2013 peak of 0.0403, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 211 MAD

2013 Average 196 MAD

Yearly Trough Low 188 MAD

Transaction Impact: A difference of 22.71 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0420

0.0375

JanuMarcMayJulySeptNove

YER 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 0.0381, compared to 0.0402 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0381

H2 Avg (Jul–Dec) 0.0402

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0013 MAD (High: 0.0407 / Low: 0.0395). On the other end, June was the most stable month, with a tight range of 0.0003 MAD (High: 0.0385 / Low: 0.0382).

September Spread (Volatile) ±0.0013

June Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0004 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0416) against the same month in 2013 (average: 0.0382), the exchange rate shifted by +0.0034 (+8.98%).

2014 Avg (December) 0.0416

2013 Avg (December) 0.0382

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0385	0.0380	0.0383
February	0.0386	0.0379	0.0382
March	0.0380	0.0376	0.0378
April	0.0382	0.0377	0.0379
May	0.0383	0.0377	0.0380
June	0.0385	0.0382	0.0384
July	0.0388	0.0382	0.0385
August	0.0395	0.0387	0.0390
September	0.0407	0.0395	0.0401
October	0.0411	0.0403	0.0407
November	0.0414	0.0409	0.0412
December	0.0421	0.0410	0.0416