2010 AFN to MAD Historical Review

YEARLY HIGH

0.2012 MAD

YEARLY LOW

0.1596 MAD

YEARLY AVERAGE

0.1864 MAD

2010 AFN to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the AFN to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 0.2012. Conversely, the yearly low was recorded on January 10, dropping to 0.1596.

This high-to-low spread represents a total annual volatility of 0.0416 MAD. From a start-to-finish perspective, comparing the January average rate of 0.1643 to the December average rate of 0.1960, the exchange rate registered a net change of 19.30% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 1,006 MAD

Yearly Average 932 MAD

Yearly Trough Low 798 MAD

Transaction Impact: A difference of 208.23 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.2000

0.1611

JanuMarcMayJulySeptNove

AFN 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 0.1803, compared to 0.1926 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0123 points.

H1 Avg (Jan–Jun) 0.1803

H2 Avg (Jul–Dec) 0.1926

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.0201 MAD (High: 0.1975 / Low: 0.1774). On the other end, April was the most stable month, with a tight range of 0.0045 MAD (High: 0.1829 / Low: 0.1784).

May Spread (Volatile) ±0.0201

April Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0064 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for June 2010 is 0.1967.

2010 Avg (June) 0.1967

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1684	0.1596	0.1643
February	0.1740	0.1690	0.1718
March	0.1818	0.1732	0.1769
April	0.1829	0.1784	0.1809
May	0.1975	0.1774	0.1909
June	0.2012	0.1917	0.1967
July	0.1989	0.1883	0.1931
August	0.1995	0.1913	0.1952
September	0.1970	0.1872	0.1933
October	0.1894	0.1843	0.1869
November	0.1987	0.1842	0.1909
December	0.1982	0.1934	0.1960