2011 MAD to BAM Historical Review

YEARLY HIGH

0.1766 BAM

YEARLY LOW

0.1713 BAM

YEARLY AVERAGE

0.1739 BAM

2011 MAD to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MAD to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.1766. Conversely, the yearly low was recorded on May 5, dropping to 0.1713.

This high-to-low spread represents a total annual volatility of 0.0053 BAM. From a start-to-finish perspective, comparing the January average rate of 0.1753 to the December average rate of 0.1755, the exchange rate registered a net change of 0.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1766 was down 1.44% compared to the 2010 peak of 0.1792, 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 883 BAM

2010 Average 877 BAM

Yearly Trough Low 857 BAM

Transaction Impact: A difference of 26.59 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1757

0.1725

JanuMarcMayJulySeptNove

MAD to BAM 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 0.1737, compared to 0.1741 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.1737

H2 Avg (Jul–Dec) 0.1741

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.0033 BAM (High: 0.1746 / Low: 0.1713). On the other end, February was the most stable month, with a tight range of 0.0013 BAM (High: 0.1750 / Low: 0.1737).

May Spread (Volatile) ±0.0033

February Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between August and December, 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 March and April, when the average rate fell by 0.0009 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.1753) against the same month in 2010 (average: 0.1735), the exchange rate shifted by +0.0018 (+1.04%).

2011 Avg (January) 0.1753

2010 Avg (January) 0.1735

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1766	0.1742	0.1753
February	0.1750	0.1737	0.1744
March	0.1743	0.1729	0.1737
April	0.1737	0.1719	0.1728
May	0.1746	0.1713	0.1731
June	0.1735	0.1715	0.1728
July	0.1737	0.1724	0.1731
August	0.1739	0.1723	0.1730
September	0.1749	0.1722	0.1740
October	0.1757	0.1732	0.1744
November	0.1758	0.1735	0.1746
December	0.1764	0.1737	0.1755