2011 KMF to MAD Historical Review

YEARLY HIGH

0.0232 MAD

YEARLY LOW

0.0225 MAD

YEARLY AVERAGE

0.0229 MAD

2011 KMF to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the KMF to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 0.0232. Conversely, the yearly low was recorded on January 12, dropping to 0.0225.

This high-to-low spread represents a total annual volatility of 0.0007 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0227 to the December average rate of 0.0227, the exchange rate registered a net change of -0.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0232 was up 0.65% compared to the 2010 peak of 0.0231, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 116 MAD

2010 Average 113 MAD

Yearly Trough Low 113 MAD

Transaction Impact: A difference of 3.45 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0231

0.0226

JanuMarcMayJulySeptNove

KMF 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 0.0229, compared to 0.0228 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0229

H2 Avg (Jul–Dec) 0.0228

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0004 MAD (High: 0.0229 / Low: 0.0225). On the other end, June was the most stable month, with a tight range of 0.0001 MAD (High: 0.0231 / Low: 0.0230).

January Spread (Volatile) ±0.0004

June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and April, 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 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.0230) against the same month in 2010 (average: 0.0225), the exchange rate shifted by +0.0005 (+2.41%).

2011 Avg (May) 0.0230

2010 Avg (May) 0.0225

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0229	0.0225	0.0227
February	0.0229	0.0227	0.0228
March	0.0230	0.0228	0.0229
April	0.0232	0.0229	0.0230
May	0.0232	0.0229	0.0230
June	0.0231	0.0230	0.0230
July	0.0231	0.0229	0.0230
August	0.0231	0.0229	0.0230
September	0.0230	0.0227	0.0229
October	0.0230	0.0226	0.0228
November	0.0229	0.0226	0.0228
December	0.0228	0.0226	0.0227