2011 BOB to MAD Historical Review

YEARLY HIGH

1.2497 MAD

YEARLY LOW

1.0909 MAD

YEARLY AVERAGE

1.1618 MAD

2011 BOB to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BOB to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 1.2497. Conversely, the yearly low was recorded on May 4, dropping to 1.0909.

This high-to-low spread represents a total annual volatility of 0.1588 MAD. From a start-to-finish perspective, comparing the January average rate of 1.1963 to the December average rate of 1.2277, the exchange rate registered a net change of 2.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.2497 was down 4.35% compared to the 2010 peak of 1.3065, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,249 MAD

2010 Average 6,008 MAD

Yearly Trough Low 5,455 MAD

Transaction Impact: A difference of 793.95 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.2384

1.1098

JanuMarcMayJulySeptNove

BOB 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 1.1501, compared to 1.1735 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0233 points.

H1 Avg (Jan–Jun) 1.1501

H2 Avg (Jul–Dec) 1.1735

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0829 MAD (High: 1.2209 / Low: 1.1380). On the other end, February was the most stable month, with a tight range of 0.0266 MAD (High: 1.1867 / Low: 1.1601).

October Spread (Volatile) ±0.0829

February Spread (Stable) ±0.0266

Growth Streaks & Declines

Trends

Between April and July, 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 March and April, when the average rate fell by 0.0298 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0298

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 1.2277) against the same month in 2010 (average: 1.2079), the exchange rate shifted by +0.0197 (+1.63%).

2011 Avg (December) 1.2277

2010 Avg (December) 1.2079

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2271	1.1744	1.1963
February	1.1867	1.1601	1.1741
March	1.1650	1.1345	1.1504
April	1.1468	1.0938	1.1206
May	1.1588	1.0909	1.1289
June	1.1652	1.1105	1.1307
July	1.1740	1.1176	1.1371
August	1.1559	1.1165	1.1358
September	1.2089	1.1307	1.1754
October	1.2209	1.1380	1.1726
November	1.2255	1.1638	1.1923
December	1.2497	1.2042	1.2277