2012 CRC to MAD Historical Review

YEARLY HIGH

0.0181 MAD

YEARLY LOW

0.0162 MAD

YEARLY AVERAGE

0.0172 MAD

2012 CRC to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the CRC to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 23, valuing the pair at 0.0181. Conversely, the yearly low was recorded on February 26, dropping to 0.0162.

This high-to-low spread represents a total annual volatility of 0.0019 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0170 to the December average rate of 0.0169, the exchange rate registered a net change of -0.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0181 was up 5.35% compared to the 2011 peak of 0.0172, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 91 MAD

2011 Average 81 MAD

Yearly Trough Low 81 MAD

Transaction Impact: A difference of 9.35 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0180

0.0164

JanuMarcMayJulySeptNove

CRC 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 0.0170, compared to 0.0174 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0170

H2 Avg (Jul–Dec) 0.0174

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0010 MAD (High: 0.0177 / Low: 0.0167). On the other end, October was the most stable month, with a tight range of 0.0003 MAD (High: 0.0173 / Low: 0.0170).

May Spread (Volatile) ±0.0010

October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between February and July, 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 August and September, when the average rate fell by 0.0005 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 0.0179) against the same month in 2011 (average: 0.0158), the exchange rate shifted by +0.0021 (+13.44%).

2012 Avg (July) 0.0179

2011 Avg (July) 0.0158

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0173	0.0166	0.0170
February	0.0168	0.0162	0.0165
March	0.0168	0.0165	0.0166
April	0.0169	0.0166	0.0168
May	0.0177	0.0167	0.0172
June	0.0178	0.0174	0.0176
July	0.0181	0.0175	0.0179
August	0.0180	0.0176	0.0178
September	0.0176	0.0170	0.0173
October	0.0173	0.0170	0.0172
November	0.0174	0.0171	0.0173
December	0.0172	0.0165	0.0169