2012 LRD to MAD Historical Review

YEARLY HIGH

0.1216 MAD

YEARLY LOW

0.1134 MAD

YEARLY AVERAGE

0.1172 MAD

2012 LRD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the LRD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 0.1216. Conversely, the yearly low was recorded on March 1, dropping to 0.1134.

This high-to-low spread represents a total annual volatility of 0.0083 MAD. From a start-to-finish perspective, comparing the January average rate of 0.1185 to the December average rate of 0.1162, the exchange rate registered a net change of -1.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.1216 was up 0.07% compared to the 2011 peak of 0.1216, 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

2011 Average 562 MAD

Yearly Trough Low 567 MAD

Transaction Impact: A difference of 41.33 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.1206

0.1143

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 0.1164, compared to 0.1180 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.1164

H2 Avg (Jul–Dec) 0.1180

Volatility Range Comparison

Volatility

The most volatile month in 2012 was January, with a trading range of 0.0061 MAD (High: 0.1209 / Low: 0.1148). On the other end, April was the most stable month, with a tight range of 0.0023 MAD (High: 0.1160 / Low: 0.1137).

January Spread (Volatile) ±0.0061

April Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0033 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 0.1200) against the same month in 2011 (average: 0.1092), the exchange rate shifted by +0.0108 (+9.93%).

2012 Avg (July) 0.1200

2011 Avg (July) 0.1092

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1209	0.1148	0.1185
February	0.1176	0.1135	0.1152
March	0.1163	0.1134	0.1150
April	0.1160	0.1137	0.1149
May	0.1195	0.1136	0.1167
June	0.1202	0.1168	0.1182
July	0.1216	0.1178	0.1200
August	0.1215	0.1184	0.1201
September	0.1189	0.1141	0.1169
October	0.1190	0.1156	0.1172
November	0.1191	0.1156	0.1174
December	0.1177	0.1144	0.1162