2012 BZD to MAD Historical Review

YEARLY HIGH

4.7679 MAD

YEARLY LOW

4.2103 MAD

YEARLY AVERAGE

4.4184 MAD

2012 BZD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the BZD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 4.7679. Conversely, the yearly low was recorded on December 19, dropping to 4.2103.

This high-to-low spread represents a total annual volatility of 0.5576 MAD. From a start-to-finish perspective, comparing the January average rate of 4.3435 to the December average rate of 4.2679, the exchange rate registered a net change of -1.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 4.7679 was up 10.11% compared to the 2011 peak of 4.3303, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 23,840 MAD

2011 Average 20,341 MAD

Yearly Trough Low 21,051 MAD

Transaction Impact: A difference of 2,788.24 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

4.7154

4.2272

JanuMarcMayJulySeptNove

BZD 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 4.3670, compared to 4.4698 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1028 points.

H1 Avg (Jan–Jun) 4.3670

H2 Avg (Jul–Dec) 4.4698

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.3202 MAD (High: 4.7679 / Low: 4.4477). On the other end, February was the most stable month, with a tight range of 0.0780 MAD (High: 4.3307 / Low: 4.2527).

July Spread (Volatile) ±0.3202

February Spread (Stable) ±0.0780

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.1751 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.1751

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 4.6747) against the same month in 2011 (average: 3.9798), the exchange rate shifted by +0.6950 (+17.46%).

2012 Avg (July) 4.6747

2011 Avg (July) 3.9798

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4.4295	4.2875	4.3435
February	4.3307	4.2527	4.2854
March	4.3629	4.2610	4.3143
April	4.3614	4.2664	4.3226
May	4.5441	4.3115	4.4262
June	4.5570	4.4639	4.5100
July	4.7679	4.4477	4.6747
August	4.7498	4.5057	4.6747
September	4.6598	4.3423	4.4996
October	4.5588	4.2475	4.3565
November	4.4008	4.2954	4.3453
December	4.3450	4.2103	4.2679