2010 AZN to MAD Historical Review

YEARLY HIGH

11.4196 MAD

YEARLY LOW

9.6954 MAD

YEARLY AVERAGE

10.4501 MAD

2010 AZN to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the AZN to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 11.4196. Conversely, the yearly low was recorded on January 10, dropping to 9.6954.

This high-to-low spread represents a total annual volatility of 1.7242 MAD. From a start-to-finish perspective, comparing the January average rate of 9.8664 to the December average rate of 10.5626, the exchange rate registered a net change of 7.06% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 57,098 MAD

Yearly Average 52,251 MAD

Yearly Trough Low 48,477 MAD

Transaction Impact: A difference of 8,621.01 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

11.3388

9.7326

JanuMarcMayJulySeptNove

AZN 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 10.3842, compared to 10.5161 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1319 points.

H1 Avg (Jan–Jun) 10.3842

H2 Avg (Jul–Dec) 10.5161

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.8875 MAD (High: 11.1625 / Low: 10.2750). On the other end, April was the most stable month, with a tight range of 0.0832 MAD (High: 10.3589 / Low: 10.2757).

May Spread (Volatile) ±0.8875

April Spread (Stable) ±0.0832

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 0.5227 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.5227

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for June 2010 is 11.2049.

2010 Avg (June) 11.2049

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.0469	9.6954	9.8664
February	10.3162	9.9533	10.1670
March	10.3584	10.2104	10.2672
April	10.3589	10.2757	10.3065
May	11.1625	10.2750	10.4929
June	11.4196	11.0664	11.2049
July	11.1766	10.6105	10.8203
August	10.8596	10.4943	10.7201
September	10.8658	10.2367	10.6210
October	10.2228	9.9741	10.0983
November	10.6902	9.9142	10.2741
December	10.6819	10.4285	10.5626