2012 CVE to MAD Historical Review

YEARLY HIGH

0.1024 MAD

YEARLY LOW

0.0986 MAD

YEARLY AVERAGE

0.1005 MAD

2012 CVE to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the CVE to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.1024. Conversely, the yearly low was recorded on August 2, dropping to 0.0986.

This high-to-low spread represents a total annual volatility of 0.0038 MAD. From a start-to-finish perspective, comparing the January average rate of 0.1007 to the December average rate of 0.1008, the exchange rate registered a net change of 0.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.1024 was down 1.11% compared to the 2011 peak of 0.1036, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 512 MAD

2011 Average 510 MAD

Yearly Trough Low 493 MAD

Transaction Impact: A difference of 19.20 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.1012

0.0992

JanuMarcMayJulySeptNove

CVE 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 0.1007, compared to 0.1002 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.1007

H2 Avg (Jul–Dec) 0.1002

Volatility Range Comparison

Volatility

The most volatile month in 2012 was September, with a trading range of 0.0030 MAD (High: 0.1024 / Low: 0.0994). On the other end, March was the most stable month, with a tight range of 0.0007 MAD (High: 0.1013 / Low: 0.1006).

September Spread (Volatile) ±0.0030

March Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between July and October, 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 June and July, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2012: 0.1006) against the same month in 2011 (average: 0.1020), the exchange rate shifted by -0.0014 (-1.40%).

2012 Avg (September) 0.1006

2011 Avg (September) 0.1020

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1014	0.1001	0.1007
February	0.1014	0.1003	0.1010
March	0.1013	0.1006	0.1011
April	0.1017	0.1006	0.1010
May	0.1015	0.0998	0.1005
June	0.1004	0.0996	0.1000
July	0.1001	0.0989	0.0994
August	0.1003	0.0986	0.0995
September	0.1024	0.0994	0.1006
October	0.1019	0.1001	0.1006
November	0.1009	0.1001	0.1004
December	0.1014	0.1002	0.1008