2012 HTG to MAD Historical Review

YEARLY HIGH

0.2167 MAD

YEARLY LOW

0.1993 MAD

YEARLY AVERAGE

0.2072 MAD

2012 HTG to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the HTG to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 0.2167. Conversely, the yearly low was recorded on December 19, dropping to 0.1993.

This high-to-low spread represents a total annual volatility of 0.0175 MAD. From a start-to-finish perspective, comparing the January average rate of 0.2129 to the December average rate of 0.2015, the exchange rate registered a net change of -5.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.2167 was up 1.36% compared to the 2011 peak of 0.2138, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,084 MAD

2011 Average 997 MAD

Yearly Trough Low 996 MAD

Transaction Impact: A difference of 87.31 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.2140

0.2004

JanuMarcMayJulySeptNove

HTG 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 0.2078, compared to 0.2066 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.2078

H2 Avg (Jul–Dec) 0.2066

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0098 MAD (High: 0.2107 / Low: 0.2009). On the other end, October was the most stable month, with a tight range of 0.0031 MAD (High: 0.2045 / Low: 0.2014).

May Spread (Volatile) ±0.0098

October Spread (Stable) ±0.0031

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 August and September, when the average rate fell by 0.0063 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0063

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2012: 0.2129) against the same month in 2011 (average: 0.2077), the exchange rate shifted by +0.0052 (+2.52%).

2012 Avg (January) 0.2129

2011 Avg (January) 0.2077

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2167	0.2086	0.2129
February	0.2111	0.2037	0.2083
March	0.2080	0.2030	0.2053
April	0.2078	0.2009	0.2047
May	0.2107	0.2009	0.2061
June	0.2113	0.2067	0.2093
July	0.2156	0.2072	0.2127
August	0.2137	0.2086	0.2115
September	0.2096	0.2020	0.2052
October	0.2045	0.2014	0.2033
November	0.2068	0.2031	0.2053
December	0.2041	0.1993	0.2015