2012 MAD to BAM Historical Review

YEARLY HIGH

0.1793 BAM

YEARLY LOW

0.1748 BAM

YEARLY AVERAGE

0.1764 BAM

2012 MAD to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MAD to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 0.1793. Conversely, the yearly low was recorded on February 24, dropping to 0.1748.

This high-to-low spread represents a total annual volatility of 0.0045 BAM. From a start-to-finish perspective, comparing the January average rate of 0.1761 to the December average rate of 0.1758, the exchange rate registered a net change of -0.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.1793 was up 1.51% compared to the 2011 peak of 0.1766, 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 897 BAM

2011 Average 869 BAM

Yearly Trough Low 874 BAM

Transaction Impact: A difference of 22.41 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.1781

0.1752

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 0.1761, compared to 0.1766 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.1761

H2 Avg (Jul–Dec) 0.1766

Volatility Range Comparison

Volatility

The most volatile month in 2012 was August, with a trading range of 0.0029 BAM (High: 0.1793 / Low: 0.1764). On the other end, March was the most stable month, with a tight range of 0.0010 BAM (High: 0.1760 / Low: 0.1749).

August Spread (Volatile) ±0.0029

March Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between March and July, 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 August and September, when the average rate fell by 0.0013 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2012: 0.1776) against the same month in 2011 (average: 0.1730), the exchange rate shifted by +0.0047 (+2.69%).

2012 Avg (August) 0.1776

2011 Avg (August) 0.1730

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1769	0.1754	0.1761
February	0.1760	0.1748	0.1755
March	0.1760	0.1749	0.1754
April	0.1761	0.1749	0.1756
May	0.1779	0.1755	0.1767
June	0.1782	0.1763	0.1772
July	0.1788	0.1768	0.1779
August	0.1793	0.1764	0.1776
September	0.1773	0.1752	0.1763
October	0.1765	0.1754	0.1760
November	0.1769	0.1755	0.1764
December	0.1767	0.1752	0.1758