2010 LSL to MAD Historical Review

YEARLY HIGH

1.2663 MAD

YEARLY LOW

1.0454 MAD

YEARLY AVERAGE

1.1511 MAD

2010 LSL to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the LSL to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.2663. Conversely, the yearly low was recorded on January 10, dropping to 1.0454.

This high-to-low spread represents a total annual volatility of 0.2209 MAD. From a start-to-finish perspective, comparing the January average rate of 1.0621 to the December average rate of 1.2325, the exchange rate registered a net change of 16.04% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 6,332 MAD

Yearly Average 5,756 MAD

Yearly Trough Low 5,227 MAD

Transaction Impact: A difference of 1,104.59 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

1.2495

1.0451

JanuMarcMayJulySeptNove

LSL 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 1.1180, compared to 1.1843 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0663 points.

H1 Avg (Jan–Jun) 1.1180

H2 Avg (Jul–Dec) 1.1843

Volatility Range Comparison

Volatility

The most volatile month in 2010 was December, with a trading range of 0.0693 MAD (High: 1.2663 / Low: 1.1971). On the other end, February was the most stable month, with a tight range of 0.0216 MAD (High: 1.0792 / Low: 1.0576).

December Spread (Volatile) ±0.0693

February Spread (Stable) ±0.0216

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 0.0281 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0281

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for December 2010 is 1.2325.

2010 Avg (December) 1.2325

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0781	1.0454	1.0621
February	1.0792	1.0576	1.0712
March	1.1358	1.0772	1.1122
April	1.1540	1.1171	1.1354
May	1.1802	1.1281	1.1504
June	1.1950	1.1677	1.1766
July	1.1715	1.1279	1.1485
August	1.1960	1.1578	1.1800
September	1.2119	1.1756	1.1933
October	1.1822	1.1595	1.1715
November	1.2007	1.1581	1.1801
December	1.2663	1.1971	1.2325