2010 ILS to MAD Historical Review

YEARLY HIGH

2.3740 MAD

YEARLY LOW

2.0808 MAD

YEARLY AVERAGE

2.2551 MAD

2010 ILS to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the ILS to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 2.3740. Conversely, the yearly low was recorded on January 3, dropping to 2.0808.

This high-to-low spread represents a total annual volatility of 0.2931 MAD. From a start-to-finish perspective, comparing the January average rate of 2.1287 to the December average rate of 2.3402, the exchange rate registered a net change of 9.94% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 11,870 MAD

Yearly Average 11,276 MAD

Yearly Trough Low 10,404 MAD

Transaction Impact: A difference of 1,465.73 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

2.3614

2.1075

JanuMarcMayJulySeptNove

ILS 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 2.2373, compared to 2.2729 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0357 points.

H1 Avg (Jan–Jun) 2.2373

H2 Avg (Jul–Dec) 2.2729

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.1158 MAD (High: 2.3655 / Low: 2.2497). On the other end, February was the most stable month, with a tight range of 0.0328 MAD (High: 2.2020 / Low: 2.1692).

May Spread (Volatile) ±0.1158

February Spread (Stable) ±0.0328

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0857 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0857

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for December 2010 is 2.3402.

2010 Avg (December) 2.3402

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1670	2.0808	2.1287
February	2.2020	2.1692	2.1894
March	2.2430	2.1716	2.2064
April	2.2735	2.2244	2.2466
May	2.3655	2.2497	2.3149
June	2.3648	2.3014	2.3376
July	2.3155	2.2255	2.2519
August	2.2992	2.2368	2.2703
September	2.3129	2.2493	2.2823
October	2.2600	2.2181	2.2397
November	2.3194	2.2106	2.2533
December	2.3740	2.3090	2.3402