2012 MAD to ALL Historical Review

YEARLY HIGH

12.6455 ALL

YEARLY LOW

12.3921 ALL

YEARLY AVERAGE

12.5230 ALL

2012 MAD to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MAD to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 29, valuing the pair at 12.6455. Conversely, the yearly low was recorded on August 16, dropping to 12.3921.

This high-to-low spread represents a total annual volatility of 0.2534 ALL. From a start-to-finish perspective, comparing the January average rate of 12.4457 to the December average rate of 12.5471, the exchange rate registered a net change of 0.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 12.6455 was down 0.24% compared to the 2011 peak of 12.6762, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 63,227 ALL

2011 Average 62,326 ALL

Yearly Trough Low 61,961 ALL

Transaction Impact: A difference of 1,266.90 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

12.6064

12.4310

JanuMarcMayJulySeptNove

MAD to ALL 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 12.5201, compared to 12.5260 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0059 points.

H1 Avg (Jan–Jun) 12.5201

H2 Avg (Jul–Dec) 12.5260

Volatility Range Comparison

Volatility

The most volatile month in 2012 was September, with a trading range of 0.2341 ALL (High: 12.6417 / Low: 12.4077). On the other end, November was the most stable month, with a tight range of 0.0759 ALL (High: 12.6200 / Low: 12.5441).

September Spread (Volatile) ±0.2341

November Spread (Stable) ±0.0759

Growth Streaks & Declines

Trends

Between January and May, 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 June and July, when the average rate fell by 0.0456 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0456

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2012: 12.5744) against the same month in 2011 (average: 12.5296), the exchange rate shifted by +0.0448 (+0.36%).

2012 Avg (May) 12.5744

2011 Avg (May) 12.5296

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.4986	12.4071	12.4457
February	12.5586	12.4265	12.4764
March	12.5791	12.4820	12.5331
April	12.6300	12.4985	12.5572
May	12.6455	12.4929	12.5744
June	12.6383	12.4508	12.5336
July	12.5373	12.4259	12.4880
August	12.5933	12.3921	12.4605
September	12.6417	12.4077	12.5070
October	12.6142	12.4964	12.5614
November	12.6200	12.5441	12.5918
December	12.6132	12.4900	12.5471