2011 HKD to MAD Historical Review

YEARLY HIGH

1.1067 MAD

YEARLY LOW

0.9843 MAD

YEARLY AVERAGE

1.0399 MAD

2011 HKD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HKD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 1.1067. Conversely, the yearly low was recorded on May 4, dropping to 0.9843.

This high-to-low spread represents a total annual volatility of 0.1223 MAD. From a start-to-finish perspective, comparing the January average rate of 1.0746 to the December average rate of 1.0884, the exchange rate registered a net change of 1.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.1067 was down 5.82% compared to the 2010 peak of 1.1751, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 27,666 MAD

2010 Average 27,104 MAD

Yearly Trough Low 24,609 MAD

Transaction Impact: A difference of 3,057.67 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.0964

1.0008

JanuMarcMayJulySeptNove

HKD 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 1.0330, compared to 1.0467 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0137 points.

H1 Avg (Jan–Jun) 1.0330

H2 Avg (Jul–Dec) 1.0467

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0582 MAD (High: 1.0859 / Low: 1.0276). On the other end, August was the most stable month, with a tight range of 0.0197 MAD (High: 1.0235 / Low: 1.0038).

October Spread (Volatile) ±0.0582

August Spread (Stable) ±0.0197

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 0.0240 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0240

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 1.0746) against the same month in 2010 (average: 1.0197), the exchange rate shifted by +0.0549 (+5.38%).

2011 Avg (January) 1.0746

2010 Avg (January) 1.0197

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1067	1.0501	1.0746
February	1.0673	1.0443	1.0558
March	1.0483	1.0206	1.0327
April	1.0266	0.9869	1.0088
May	1.0350	0.9843	1.0147
June	1.0278	0.9963	1.0113
July	1.0363	1.0043	1.0167
August	1.0235	1.0038	1.0127
September	1.0684	1.0183	1.0476
October	1.0859	1.0276	1.0523
November	1.0827	1.0482	1.0626
December	1.1063	1.0683	1.0884