2011 KPW to MAD Historical Review

YEARLY HIGH

0.0616 MAD

YEARLY LOW

0.0091 MAD

YEARLY AVERAGE

0.0554 MAD

2011 KPW to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the KPW to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 0.0616. Conversely, the yearly low was recorded on November 8, dropping to 0.0091.

This high-to-low spread represents a total annual volatility of 0.0525 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0584 to the December average rate of 0.0243, the exchange rate registered a net change of -58.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0616 was down 3.95% compared to the 2010 peak of 0.0641, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 308 MAD

2010 Average 294 MAD

Yearly Trough Low 46 MAD

Transaction Impact: A difference of 262.33 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0646

0.0207

JanuMarcMayJulySeptNove

KPW 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 0.0573, compared to 0.0536 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.0573

H2 Avg (Jul–Dec) 0.0536

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 0.0523 MAD (High: 0.0615 / Low: 0.0091). On the other end, September was the most stable month, with a tight range of 0.0008 MAD (High: 0.0604 / Low: 0.0596).

November Spread (Volatile) ±0.0523

September Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0330 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0330

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 0.0610) against the same month in 2010 (average: 0.0602), the exchange rate shifted by +0.0008 (+1.32%).

2011 Avg (August) 0.0610

2010 Avg (August) 0.0602

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0602	0.0572	0.0584
February	0.0581	0.0568	0.0575
March	0.0571	0.0556	0.0562
April	0.0558	0.0536	0.0548
May	0.0586	0.0534	0.0559
June	0.0614	0.0601	0.0607
July	0.0608	0.0595	0.0600
August	0.0616	0.0604	0.0610
September	0.0604	0.0596	0.0599
October	0.0608	0.0574	0.0589
November	0.0615	0.0091	0.0573
December	0.0609	0.0093	0.0243