2011 GTQ to MAD Historical Review

YEARLY HIGH

1.1016 MAD

YEARLY LOW

0.9882 MAD

YEARLY AVERAGE

1.0394 MAD

2011 GTQ to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GTQ to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 1.1016. Conversely, the yearly low was recorded on June 7, dropping to 0.9882.

This high-to-low spread represents a total annual volatility of 0.1133 MAD. From a start-to-finish perspective, comparing the January average rate of 1.0487 to the December average rate of 1.0843, the exchange rate registered a net change of 3.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.1016 was down 3.74% compared to the 2010 peak of 1.1443, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,508 MAD

2010 Average 5,225 MAD

Yearly Trough Low 4,941 MAD

Transaction Impact: A difference of 566.74 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.0918

1.0019

JanuMarcMayJulySeptNove

GTQ 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 1.0360, compared to 1.0428 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0068 points.

H1 Avg (Jan–Jun) 1.0360

H2 Avg (Jul–Dec) 1.0428

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0575 MAD (High: 1.0766 / Low: 1.0191). On the other end, March was the most stable month, with a tight range of 0.0263 MAD (High: 1.0604 / Low: 1.0341).

October Spread (Volatile) ±0.0575

March Spread (Stable) ±0.0263

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 May and June, when the average rate fell by 0.0223 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0223

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 1.0843) against the same month in 2010 (average: 1.0577), the exchange rate shifted by +0.0266 (+2.52%).

2011 Avg (December) 1.0843

2010 Avg (December) 1.0577

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0740	1.0324	1.0487
February	1.0673	1.0373	1.0540
March	1.0604	1.0341	1.0432
April	1.0416	1.0107	1.0277
May	1.0555	1.0097	1.0324
June	1.0303	0.9882	1.0101
July	1.0413	1.0056	1.0195
August	1.0245	0.9965	1.0094
September	1.0654	1.0149	1.0413
October	1.0766	1.0191	1.0437
November	1.0793	1.0412	1.0586
December	1.1016	1.0563	1.0843