2011 LRD to MAD Historical Review

YEARLY HIGH

0.1216 MAD

YEARLY LOW

0.1055 MAD

YEARLY AVERAGE

0.1123 MAD

2011 LRD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the LRD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.1216. Conversely, the yearly low was recorded on May 4, dropping to 0.1055.

This high-to-low spread represents a total annual volatility of 0.0161 MAD. From a start-to-finish perspective, comparing the January average rate of 0.1167 to the December average rate of 0.1174, the exchange rate registered a net change of 0.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1216 was down 7.23% compared to the 2010 peak of 0.1310, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 608 MAD

2010 Average 595 MAD

Yearly Trough Low 527 MAD

Transaction Impact: A difference of 80.34 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1183

0.1080

JanuMarcMayJulySeptNove

LRD 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 0.1116, compared to 0.1131 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.1116

H2 Avg (Jul–Dec) 0.1131

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0084 MAD (High: 0.1216 / Low: 0.1131). On the other end, August was the most stable month, with a tight range of 0.0024 MAD (High: 0.1103 / Low: 0.1079).

January Spread (Volatile) ±0.0084

August Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between June and September, 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 January and February, when the average rate fell by 0.0031 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.1167) against the same month in 2010 (average: 0.1125), the exchange rate shifted by +0.0041 (+3.68%).

2011 Avg (January) 0.1167

2010 Avg (January) 0.1125

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1216	0.1131	0.1167
February	0.1151	0.1122	0.1136
March	0.1134	0.1101	0.1116
April	0.1116	0.1058	0.1092
May	0.1125	0.1055	0.1095
June	0.1113	0.1070	0.1089
July	0.1114	0.1076	0.1092
August	0.1103	0.1079	0.1093
September	0.1165	0.1093	0.1136
October	0.1167	0.1108	0.1134
November	0.1189	0.1125	0.1156
December	0.1195	0.1147	0.1174