2012 LSL to MAD Historical Review

YEARLY HIGH

1.1296 MAD

YEARLY LOW

0.9656 MAD

YEARLY AVERAGE

1.0538 MAD

2012 LSL to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the LSL to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 1.1296. Conversely, the yearly low was recorded on December 3, dropping to 0.9656.

This high-to-low spread represents a total annual volatility of 0.1640 MAD. From a start-to-finish perspective, comparing the January average rate of 1.0750 to the December average rate of 0.9847, the exchange rate registered a net change of -8.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.1296 was down 11.30% compared to the 2011 peak of 1.2736, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,648 MAD

2011 Average 5,610 MAD

Yearly Trough Low 4,828 MAD

Transaction Impact: A difference of 820.07 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.1246

0.9707

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 1.0807, compared to 1.0270 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0537 points.

H1 Avg (Jan–Jun) 1.0807

H2 Avg (Jul–Dec) 1.0270

Volatility Range Comparison

Volatility

The most volatile month in 2012 was August, with a trading range of 0.0680 MAD (High: 1.1066 / Low: 1.0386). On the other end, January was the most stable month, with a tight range of 0.0327 MAD (High: 1.0899 / Low: 1.0571).

August Spread (Volatile) ±0.0680

January Spread (Stable) ±0.0327

Growth Streaks & Declines

Trends

Between January and March, 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 September and October, when the average rate fell by 0.0522 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0522

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2012: 1.1118) against the same month in 2011 (average: 1.1629), the exchange rate shifted by -0.0511 (-4.40%).

2012 Avg (March) 1.1118

2011 Avg (March) 1.1629

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0899	1.0571	1.0750
February	1.1252	1.0905	1.1016
March	1.1296	1.0910	1.1118
April	1.0992	1.0627	1.0827
May	1.0985	1.0422	1.0621
June	1.0709	1.0338	1.0510
July	1.1021	1.0644	1.0851
August	1.1066	1.0386	1.0755
September	1.0626	1.0294	1.0427
October	1.0346	0.9706	0.9905
November	1.0022	0.9658	0.9835
December	0.9991	0.9656	0.9847