2011 FKP to MAD Historical Review

YEARLY HIGH

13.3923 MAD

YEARLY LOW

12.5381 MAD

YEARLY AVERAGE

12.9774 MAD

2011 FKP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the FKP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 13.3923. Conversely, the yearly low was recorded on July 3, dropping to 12.5381.

This high-to-low spread represents a total annual volatility of 0.8542 MAD. From a start-to-finish perspective, comparing the January average rate of 13.1826 to the December average rate of 13.2083, the exchange rate registered a net change of 0.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 13.3923 was down 1.33% compared to the 2010 peak of 13.5732, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 66,961 MAD

2010 Average 65,038 MAD

Yearly Trough Low 62,690 MAD

Transaction Impact: A difference of 4,271.12 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

13.3131

12.7142

JanuMarcMayJulySeptNove

FKP 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 12.9907, compared to 12.9641 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0266 points.

H1 Avg (Jan–Jun) 12.9907

H2 Avg (Jul–Dec) 12.9641

Volatility Range Comparison

Volatility

The most volatile month in 2011 was March, with a trading range of 0.4921 MAD (High: 13.2614 / Low: 12.7693). On the other end, November was the most stable month, with a tight range of 0.1980 MAD (High: 13.1446 / Low: 12.9466).

March Spread (Volatile) ±0.4921

November Spread (Stable) ±0.1980

Growth Streaks & Declines

Trends

Between September and December, 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 February and March, when the average rate fell by 0.2648 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2648

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 13.1826) against the same month in 2010 (average: 12.7829), the exchange rate shifted by +0.3997 (+3.13%).

2011 Avg (January) 13.1826

2010 Avg (January) 12.7829

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.3923	12.9765	13.1826
February	13.3856	13.1492	13.2632
March	13.2614	12.7693	12.9983
April	12.9579	12.7221	12.8384
May	13.0882	12.6323	12.8977
June	12.9315	12.5591	12.7641
July	12.9560	12.5381	12.7872
August	13.0230	12.7758	12.9174
September	13.0419	12.8035	12.9004
October	13.0473	12.8294	12.9061
November	13.1446	12.9466	13.0651
December	13.3793	13.0256	13.2083