2011 GMD to MAD Historical Review

YEARLY HIGH

0.3115 MAD

YEARLY LOW

0.2707 MAD

YEARLY AVERAGE

0.2874 MAD

2011 GMD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GMD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.3115. Conversely, the yearly low was recorded on October 30, dropping to 0.2707.

This high-to-low spread represents a total annual volatility of 0.0408 MAD. From a start-to-finish perspective, comparing the January average rate of 0.3016 to the December average rate of 0.2924, the exchange rate registered a net change of -3.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.3115 was down 6.18% compared to the 2010 peak of 0.3320, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,557 MAD

2010 Average 1,526 MAD

Yearly Trough Low 1,353 MAD

Transaction Impact: A difference of 204.07 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.3037

0.2784

JanuMarcMayJulySeptNove

GMD 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 0.2901, compared to 0.2846 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 0.2901

H2 Avg (Jul–Dec) 0.2846

Volatility Range Comparison

Volatility

The most volatile month in 2011 was June, with a trading range of 0.0258 MAD (High: 0.3005 / Low: 0.2747). On the other end, February was the most stable month, with a tight range of 0.0145 MAD (High: 0.3023 / Low: 0.2878).

June Spread (Volatile) ±0.0258

February Spread (Stable) ±0.0145

Growth Streaks & Declines

Trends

Between April and July, 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 January and February, when the average rate fell by 0.0085 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.3016) against the same month in 2010 (average: 0.3015), the exchange rate shifted by +0.0001 (+0.04%).

2011 Avg (January) 0.3016

2010 Avg (January) 0.3015

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3115	0.2900	0.3016
February	0.3023	0.2878	0.2931
March	0.3001	0.2847	0.2911
April	0.2980	0.2763	0.2847
May	0.2939	0.2738	0.2847
June	0.3005	0.2747	0.2855
July	0.2986	0.2785	0.2859
August	0.2917	0.2721	0.2839
September	0.2887	0.2734	0.2805
October	0.2905	0.2707	0.2819
November	0.2931	0.2734	0.2832
December	0.3006	0.2816	0.2924