2010 ARS to MAD Historical Review

YEARLY HIGH

2.3374 MAD

YEARLY LOW

2.0039 MAD

YEARLY AVERAGE

2.1537 MAD

2010 ARS to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the ARS to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 2.3374. Conversely, the yearly low was recorded on November 4, dropping to 2.0039.

This high-to-low spread represents a total annual volatility of 0.3335 MAD. From a start-to-finish perspective, comparing the January average rate of 2.0806 to the December average rate of 2.1211, the exchange rate registered a net change of 1.95% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 11,687 MAD

Yearly Average 10,769 MAD

Yearly Trough Low 10,020 MAD

Transaction Impact: A difference of 1,667.58 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

2.3214

2.0199

JanuMarcMayJulySeptNove

ARS 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 2.1752, compared to 2.1322 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0430 points.

H1 Avg (Jan–Jun) 2.1752

H2 Avg (Jul–Dec) 2.1322

Volatility Range Comparison

Volatility

The most volatile month in 2010 was November, with a trading range of 0.1448 MAD (High: 2.1488 / Low: 2.0039). On the other end, February was the most stable month, with a tight range of 0.0442 MAD (High: 2.1476 / Low: 2.1034).

November Spread (Volatile) ±0.1448

February Spread (Stable) ±0.0442

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 0.1136 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1136

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for June 2010 is 2.2962.

2010 Avg (June) 2.2962

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1129	2.0408	2.0806
February	2.1476	2.1034	2.1325
March	2.1668	2.1146	2.1388
April	2.1724	2.1218	2.1515
May	2.3033	2.1607	2.2519
June	2.3374	2.2692	2.2962
July	2.2840	2.1669	2.2087
August	2.2272	2.1430	2.1886
September	2.2102	2.0711	2.1586
October	2.0685	2.0226	2.0450
November	2.1488	2.0039	2.0713
December	2.1455	2.0956	2.1211