2011 ALL to MAD Historical Review

YEARLY HIGH

0.0819 MAD

YEARLY LOW

0.0789 MAD

YEARLY AVERAGE

0.0802 MAD

2011 ALL to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ALL to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 0.0819. Conversely, the yearly low was recorded on October 5, dropping to 0.0789.

This high-to-low spread represents a total annual volatility of 0.0030 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0805 to the December average rate of 0.0806, the exchange rate registered a net change of 0.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0819 was down 1.99% compared to the 2010 peak of 0.0836, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 410 MAD

2010 Average 405 MAD

Yearly Trough Low 394 MAD

Transaction Impact: A difference of 15.18 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0810

0.0794

JanuMarcMayJulySeptNove

ALL 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 0.0802, compared to 0.0803 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0802

H2 Avg (Jul–Dec) 0.0803

Volatility Range Comparison

Volatility

The most volatile month in 2011 was December, with a trading range of 0.0018 MAD (High: 0.0819 / Low: 0.0801). On the other end, March was the most stable month, with a tight range of 0.0008 MAD (High: 0.0809 / Low: 0.0801).

December Spread (Volatile) ±0.0018

March Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between June and August, 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 0.0008 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.0806) against the same month in 2010 (average: 0.0804), the exchange rate shifted by +0.0002 (+0.30%).

2011 Avg (December) 0.0806

2010 Avg (December) 0.0804

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0808	0.0799	0.0805
February	0.0808	0.0798	0.0804
March	0.0809	0.0801	0.0804
April	0.0806	0.0797	0.0800
May	0.0805	0.0792	0.0798
June	0.0804	0.0790	0.0798
July	0.0816	0.0802	0.0809
August	0.0817	0.0804	0.0809
September	0.0808	0.0794	0.0801
October	0.0801	0.0789	0.0798
November	0.0801	0.0791	0.0795
December	0.0819	0.0801	0.0806