2011 BWP to MAD Historical Review

YEARLY HIGH

1.3011 MAD

YEARLY LOW

1.0910 MAD

YEARLY AVERAGE

1.1824 MAD

2011 BWP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BWP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 1.3011. Conversely, the yearly low was recorded on November 22, dropping to 1.0910.

This high-to-low spread represents a total annual volatility of 0.2101 MAD. From a start-to-finish perspective, comparing the January average rate of 1.2590 to the December average rate of 1.1264, the exchange rate registered a net change of -10.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.3011 was up 0.00% compared to the 2010 peak of 1.3010, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,505 MAD

2010 Average 6,175 MAD

Yearly Trough Low 5,455 MAD

Transaction Impact: A difference of 1,050.51 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.2741

1.0931

JanuMarcMayJulySeptNove

BWP 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 1.2164, compared to 1.1485 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0680 points.

H1 Avg (Jan–Jun) 1.2164

H2 Avg (Jul–Dec) 1.1485

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0921 MAD (High: 1.3011 / Low: 1.2090). On the other end, June was the most stable month, with a tight range of 0.0205 MAD (High: 1.2117 / Low: 1.1912).

January Spread (Volatile) ±0.0921

June Spread (Stable) ±0.0205

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0468 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0468

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 1.2590) against the same month in 2010 (average: 1.1758), the exchange rate shifted by +0.0832 (+7.07%).

2011 Avg (January) 1.2590

2010 Avg (January) 1.1758

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3011	1.2090	1.2590
February	1.2260	1.2014	1.2122
March	1.2313	1.1959	1.2146
April	1.2293	1.1942	1.2104
May	1.2174	1.1935	1.2010
June	1.2117	1.1912	1.2014
July	1.2209	1.1935	1.2061
August	1.2162	1.1521	1.1727
September	1.1851	1.1032	1.1580
October	1.1415	1.0947	1.1194
November	1.1232	1.0910	1.1081
December	1.1465	1.1091	1.1264