2011 MAD to BWP Historical Review

YEARLY HIGH

0.9166 BWP

YEARLY LOW

0.7686 BWP

YEARLY AVERAGE

0.8470 BWP

2011 MAD to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MAD to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.9166. Conversely, the yearly low was recorded on January 7, dropping to 0.7686.

This high-to-low spread represents a total annual volatility of 0.1480 BWP. From a start-to-finish perspective, comparing the January average rate of 0.7948 to the December average rate of 0.8878, the exchange rate registered a net change of 11.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.9166 was up 6.17% compared to the 2010 peak of 0.8633, 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 4,583 BWP

2010 Average 4,051 BWP

Yearly Trough Low 3,843 BWP

Transaction Impact: A difference of 740.12 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.9133

0.7840

JanuMarcMayJulySeptNove

MAD to BWP 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 0.8224, compared to 0.8717 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0493 points.

H1 Avg (Jan–Jun) 0.8224

H2 Avg (Jul–Dec) 0.8717

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0626 BWP (High: 0.9064 / Low: 0.8438). On the other end, June was the most stable month, with a tight range of 0.0142 BWP (High: 0.8395 / Low: 0.8253).

September Spread (Volatile) ±0.0626

June Spread (Stable) ±0.0142

Growth Streaks & Declines

Trends

Between July and November, 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 November and December, when the average rate fell by 0.0147 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0147

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 0.9025) against the same month in 2010 (average: 0.8061), the exchange rate shifted by +0.0964 (+11.96%).

2011 Avg (November) 0.9025

2010 Avg (November) 0.8061

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8271	0.7686	0.7948
February	0.8324	0.8157	0.8250
March	0.8362	0.8122	0.8234
April	0.8374	0.8135	0.8262
May	0.8379	0.8215	0.8327
June	0.8395	0.8253	0.8324
July	0.8379	0.8190	0.8291
August	0.8680	0.8222	0.8530
September	0.9064	0.8438	0.8641
October	0.9135	0.8761	0.8934
November	0.9166	0.8903	0.9025
December	0.9016	0.8722	0.8878