2013 ZAR to MAD Historical Review

YEARLY HIGH

0.9963 MAD

YEARLY LOW

0.7747 MAD

YEARLY AVERAGE

0.8750 MAD

2013 ZAR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the ZAR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.9963. Conversely, the yearly low was recorded on December 29, dropping to 0.7747.

This high-to-low spread represents a total annual volatility of 0.2215 MAD. From a start-to-finish perspective, comparing the January average rate of 0.9575 to the December average rate of 0.7918, the exchange rate registered a net change of -17.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.9963 was down 11.76% compared to the 2012 peak of 1.1291, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 49,815 MAD

2012 Average 52,684 MAD

Yearly Trough Low 38,737 MAD

Transaction Impact: A difference of 11,077.42 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.9741

0.7752

JanuMarcMayJulySeptNove

ZAR 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 0.9223, compared to 0.8278 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0945 points.

H1 Avg (Jan–Jun) 0.9223

H2 Avg (Jul–Dec) 0.8278

Volatility Range Comparison

Volatility

The most volatile month in 2013 was May, with a trading range of 0.0995 MAD (High: 0.9524 / Low: 0.8529). On the other end, October was the most stable month, with a tight range of 0.0170 MAD (High: 0.8387 / Low: 0.8216).

May Spread (Volatile) ±0.0995

October Spread (Stable) ±0.0170

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0753 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0753

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 0.9575) against the same month in 2012 (average: 1.0756), the exchange rate shifted by -0.1181 (-10.98%).

2013 Avg (January) 0.9575

2012 Avg (January) 1.0756

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9963	0.9158	0.9575
February	0.9619	0.9236	0.9418
March	0.9446	0.9194	0.9329
April	0.9551	0.9230	0.9381
May	0.9524	0.8529	0.9194
June	0.8652	0.8265	0.8441
July	0.8665	0.8469	0.8573
August	0.8570	0.8064	0.8339
September	0.8610	0.8214	0.8385
October	0.8387	0.8216	0.8312
November	0.8216	0.8046	0.8139
December	0.8096	0.7747	0.7918