2011 BHD to MAD Historical Review

YEARLY HIGH

22.8559 MAD

YEARLY LOW

20.3113 MAD

YEARLY AVERAGE

21.4997 MAD

2011 BHD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BHD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 22.8559. Conversely, the yearly low was recorded on May 4, dropping to 20.3113.

This high-to-low spread represents a total annual volatility of 2.5446 MAD. From a start-to-finish perspective, comparing the January average rate of 22.2042 to the December average rate of 22.4802, the exchange rate registered a net change of 1.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 22.8559 was down 6.16% compared to the 2010 peak of 24.3554, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 114,280 MAD

2010 Average 111,861 MAD

Yearly Trough Low 101,557 MAD

Transaction Impact: A difference of 12,722.87 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

22.6457

20.6589

JanuMarcMayJulySeptNove

BHD 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 21.3522, compared to 21.6473 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2951 points.

H1 Avg (Jan–Jun) 21.3522

H2 Avg (Jul–Dec) 21.6473

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 1.2592 MAD (High: 22.4532 / Low: 21.1939). On the other end, August was the most stable month, with a tight range of 0.4296 MAD (High: 21.1970 / Low: 20.7674).

October Spread (Volatile) ±1.2592

August Spread (Stable) ±0.4296

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.5479 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.5479

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 22.2042) against the same month in 2010 (average: 21.0240), the exchange rate shifted by +1.1803 (+5.61%).

2011 Avg (January) 22.2042

2010 Avg (January) 21.0240

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.8559	21.7235	22.2042
February	22.0905	21.6027	21.8443
March	21.6864	21.1173	21.3724
April	21.2104	20.3589	20.8245
May	21.3811	20.3113	20.9545
June	21.2932	20.5880	20.9130
July	21.4531	20.7580	21.0331
August	21.1970	20.7674	20.9782
September	22.1371	21.0531	21.6881
October	22.4532	21.1939	21.7403
November	22.4242	21.6313	21.9638
December	22.8388	22.0478	22.4802