2011 EGP to MAD Historical Review

YEARLY HIGH

1.4827 MAD

YEARLY LOW

1.2834 MAD

YEARLY AVERAGE

1.3619 MAD

2011 EGP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the EGP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 1.4827. Conversely, the yearly low was recorded on May 4, dropping to 1.2834.

This high-to-low spread represents a total annual volatility of 0.1992 MAD. From a start-to-finish perspective, comparing the January average rate of 1.4382 to the December average rate of 1.4061, the exchange rate registered a net change of -2.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.4827 was down 8.26% compared to the 2010 peak of 1.6161, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,413 MAD

2010 Average 7,473 MAD

Yearly Trough Low 6,417 MAD

Transaction Impact: A difference of 996.21 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.4503

1.3043

JanuMarcMayJulySeptNove

EGP 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 1.3600, compared to 1.3637 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 1.3600

H2 Avg (Jul–Dec) 1.3637

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0845 MAD (High: 1.4827 / Low: 1.3981). On the other end, February was the most stable month, with a tight range of 0.0333 MAD (High: 1.4144 / Low: 1.3811).

January Spread (Volatile) ±0.0845

February Spread (Stable) ±0.0333

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0416 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0416

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 1.4382) against the same month in 2010 (average: 1.4520), the exchange rate shifted by -0.0138 (-0.95%).

2011 Avg (January) 1.4382

2010 Avg (January) 1.4520

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4827	1.3981	1.4382
February	1.4144	1.3811	1.3989
March	1.3832	1.3334	1.3580
April	1.3410	1.2884	1.3164
May	1.3543	1.2834	1.3255
June	1.3508	1.3048	1.3232
July	1.3546	1.3103	1.3292
August	1.3437	1.3088	1.3253
September	1.3953	1.3308	1.3688
October	1.4188	1.3359	1.3713
November	1.4051	1.3644	1.3817
December	1.4270	1.3818	1.4061