2010 GEL to MAD Historical Review

YEARLY HIGH

5.0368 MAD

YEARLY LOW

4.4393 MAD

YEARLY AVERAGE

4.7100 MAD

2010 GEL to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the GEL to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 27, valuing the pair at 5.0368. Conversely, the yearly low was recorded on October 18, dropping to 4.4393.

This high-to-low spread represents a total annual volatility of 0.5975 MAD. From a start-to-finish perspective, comparing the January average rate of 4.6263 to the December average rate of 4.7836, the exchange rate registered a net change of 3.40% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 25,184 MAD

Yearly Average 23,550 MAD

Yearly Trough Low 22,196 MAD

Transaction Impact: A difference of 2,987.43 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

4.8895

4.4750

JanuMarcMayJulySeptNove

GEL 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 4.7525, compared to 4.6675 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0850 points.

H1 Avg (Jan–Jun) 4.7525

H2 Avg (Jul–Dec) 4.6675

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.3727 MAD (High: 5.0368 / Low: 4.6641). On the other end, April was the most stable month, with a tight range of 0.0740 MAD (High: 4.7922 / Low: 4.7182).

May Spread (Volatile) ±0.3727

April Spread (Stable) ±0.0740

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1423 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1423

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for May 2010 is 4.7783.

2010 Avg (May) 4.7783

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4.6870	4.5688	4.6263
February	4.8339	4.6127	4.7351
March	4.8251	4.7115	4.7819
April	4.7922	4.7182	4.7385
May	5.0368	4.6641	4.7783
June	5.0274	4.7229	4.8550
July	4.8701	4.6291	4.7162
August	4.7651	4.5783	4.6810
September	4.7312	4.5458	4.6518
October	4.5785	4.4393	4.5096
November	4.8407	4.4942	4.6629
December	4.8420	4.7196	4.7836