2012 ALL to MAD Historical Review

YEARLY HIGH

0.0807 MAD

YEARLY LOW

0.0791 MAD

YEARLY AVERAGE

0.0799 MAD

2012 ALL to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the ALL to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 16, valuing the pair at 0.0807. Conversely, the yearly low was recorded on May 29, dropping to 0.0791.

This high-to-low spread represents a total annual volatility of 0.0016 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0803 to the December average rate of 0.0797, the exchange rate registered a net change of -0.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0807 was down 1.50% compared to the 2011 peak of 0.0819, 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 403 MAD

2011 Average 401 MAD

Yearly Trough Low 395 MAD

Transaction Impact: A difference of 8.08 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0804

0.0793

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 0.0799, compared to 0.0798 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0799

H2 Avg (Jul–Dec) 0.0798

Volatility Range Comparison

Volatility

The most volatile month in 2012 was September, with a trading range of 0.0015 MAD (High: 0.0806 / Low: 0.0791). On the other end, November was the most stable month, with a tight range of 0.0005 MAD (High: 0.0797 / Low: 0.0792).

September Spread (Volatile) ±0.0015

November Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 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 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2012: 0.0803) against the same month in 2011 (average: 0.0809), the exchange rate shifted by -0.0006 (-0.79%).

2012 Avg (August) 0.0803

2011 Avg (August) 0.0809

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0806	0.0800	0.0803
February	0.0805	0.0796	0.0802
March	0.0801	0.0795	0.0798
April	0.0800	0.0792	0.0796
May	0.0800	0.0791	0.0795
June	0.0803	0.0791	0.0798
July	0.0805	0.0798	0.0801
August	0.0807	0.0794	0.0803
September	0.0806	0.0791	0.0800
October	0.0800	0.0793	0.0796
November	0.0797	0.0792	0.0794
December	0.0801	0.0793	0.0797