2013 LSL to MAD Historical Review

YEARLY HIGH

0.9952 MAD

YEARLY LOW

0.7784 MAD

YEARLY AVERAGE

0.8751 MAD

2013 LSL to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the LSL to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.9952. Conversely, the yearly low was recorded on December 29, dropping to 0.7784.

This high-to-low spread represents a total annual volatility of 0.2168 MAD. From a start-to-finish perspective, comparing the January average rate of 0.9583 to the December average rate of 0.7916, the exchange rate registered a net change of -17.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.9952 was down 11.89% compared to the 2012 peak of 1.1296, 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 4,976 MAD

2012 Average 5,269 MAD

Yearly Trough Low 3,892 MAD

Transaction Impact: A difference of 1,084.18 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.9749

0.7749

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 0.9223, compared to 0.8278 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0946 points.

H1 Avg (Jan–Jun) 0.9223

H2 Avg (Jul–Dec) 0.8278

Volatility Range Comparison

Volatility

The most volatile month in 2013 was May, with a trading range of 0.0979 MAD (High: 0.9499 / Low: 0.8519). On the other end, November was the most stable month, with a tight range of 0.0186 MAD (High: 0.8225 / Low: 0.8040).

May Spread (Volatile) ±0.0979

November Spread (Stable) ±0.0186

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0750 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0750

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 0.9583) against the same month in 2012 (average: 1.0750), the exchange rate shifted by -0.1167 (-10.86%).

2013 Avg (January) 0.9583

2012 Avg (January) 1.0750

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9952	0.9176	0.9583
February	0.9612	0.9182	0.9406
March	0.9453	0.9206	0.9334
April	0.9559	0.9233	0.9381
May	0.9499	0.8519	0.9194
June	0.8676	0.8253	0.8444
July	0.8686	0.8468	0.8579
August	0.8568	0.8072	0.8341
September	0.8591	0.8186	0.8381
October	0.8397	0.8203	0.8310
November	0.8225	0.8040	0.8139
December	0.8079	0.7784	0.7916