2012 MAD to BIF Historical Review

YEARLY HIGH

182.9726 BIF

YEARLY LOW

147.1607 BIF

YEARLY AVERAGE

162.5057 BIF

2012 MAD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MAD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 182.9726. Conversely, the yearly low was recorded on January 16, dropping to 147.1607.

This high-to-low spread represents a total annual volatility of 35.8119 BIF. From a start-to-finish perspective, comparing the January average rate of 150.7577 to the December average rate of 179.4888, the exchange rate registered a net change of 19.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 182.9726 was up 14.16% compared to the 2011 peak of 160.2739, 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 914,863 BIF

2011 Average 747,905 BIF

Yearly Trough Low 735,803 BIF

Transaction Impact: A difference of 179,059.52 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

182.3620

147.8846

JanuMarcMayJulySeptNove

MAD to BIF 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 155.6867, compared to 169.3248 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.6381 points.

H1 Avg (Jan–Jun) 155.6867

H2 Avg (Jul–Dec) 169.3248

Volatility Range Comparison

Volatility

The most volatile month in 2012 was April, with a trading range of 13.5968 BIF (High: 163.8173 / Low: 150.2204). On the other end, March was the most stable month, with a tight range of 3.2867 BIF (High: 154.8979 / Low: 151.6112).

April Spread (Volatile) ±13.5968

March Spread (Stable) ±3.2867

Growth Streaks & Declines

Trends

Between June and October, 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 May and June, when the average rate fell by 1.3070 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.3070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 179.4888) against the same month in 2011 (average: 152.2272), the exchange rate shifted by +27.2617 (+17.91%).

2012 Avg (December) 179.4888

2011 Avg (December) 152.2272

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	153.5158	147.1607	150.7577
February	156.5408	151.6453	154.2009
March	154.8979	151.6112	153.6475
April	163.8173	150.2204	155.3281
May	163.3522	157.3420	160.7464
June	162.0931	156.8768	159.4395
July	162.0159	156.3077	159.4564
August	164.2270	159.9577	162.3116
September	173.3559	163.6344	168.7123
October	174.7505	170.2261	173.0913
November	177.7714	169.2867	172.8882
December	182.9726	174.9843	179.4888