2012 MAD to BWP Historical Review

YEARLY HIGH

0.9335 BWP

YEARLY LOW

0.8436 BWP

YEARLY AVERAGE

0.8844 BWP

2012 MAD to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MAD to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 0.9335. Conversely, the yearly low was recorded on February 6, dropping to 0.8436.

This high-to-low spread represents a total annual volatility of 0.0899 BWP. From a start-to-finish perspective, comparing the January average rate of 0.8653 to the December average rate of 0.9244, the exchange rate registered a net change of 6.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.9335 was up 1.84% compared to the 2011 peak of 0.9166, 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 4,668 BWP

2011 Average 4,236 BWP

Yearly Trough Low 4,218 BWP

Transaction Impact: A difference of 449.65 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.9310

0.8518

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 0.8721, compared to 0.8967 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0247 points.

H1 Avg (Jan–Jun) 0.8721

H2 Avg (Jul–Dec) 0.8967

Volatility Range Comparison

Volatility

The most volatile month in 2012 was October, with a trading range of 0.0376 BWP (High: 0.9308 / Low: 0.8932). On the other end, January was the most stable month, with a tight range of 0.0153 BWP (High: 0.8744 / Low: 0.8591).

October Spread (Volatile) ±0.0376

January Spread (Stable) ±0.0153

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0240 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0240

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 0.9244) against the same month in 2011 (average: 0.8878), the exchange rate shifted by +0.0365 (+4.11%).

2012 Avg (December) 0.9244

2011 Avg (December) 0.8878

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8744	0.8591	0.8653
February	0.8689	0.8436	0.8584
March	0.8737	0.8462	0.8590
April	0.8878	0.8691	0.8780
May	0.8937	0.8699	0.8839
June	0.8945	0.8750	0.8879
July	0.8798	0.8537	0.8639
August	0.8865	0.8536	0.8681
September	0.8971	0.8791	0.8882
October	0.9308	0.8932	0.9163
November	0.9312	0.9078	0.9197
December	0.9335	0.9175	0.9244