2012 MAD to CDF Historical Review

YEARLY HIGH

110.0597 CDF

YEARLY LOW

101.8941 CDF

YEARLY AVERAGE

106.5653 CDF

2012 MAD to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MAD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 27, valuing the pair at 110.0597. Conversely, the yearly low was recorded on July 24, dropping to 101.8941.

This high-to-low spread represents a total annual volatility of 8.1657 CDF. From a start-to-finish perspective, comparing the January average rate of 105.8414 to the December average rate of 108.9723, the exchange rate registered a net change of 2.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 110.0597 was down 8.01% compared to the 2011 peak of 119.6414, 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 550,299 CDF

2011 Average 563,491 CDF

Yearly Trough Low 509,470 CDF

Transaction Impact: A difference of 40,828.32 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

109.5720

102.3754

JanuMarcMayJulySeptNove

MAD to CDF 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 106.7899, compared to 106.3408 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4491 points.

H1 Avg (Jan–Jun) 106.7899

H2 Avg (Jul–Dec) 106.3408

Volatility Range Comparison

Volatility

The most volatile month in 2012 was January, with a trading range of 5.0767 CDF (High: 109.1125 / Low: 104.0358). On the other end, December was the most stable month, with a tight range of 1.2255 CDF (High: 109.5092 / Low: 108.2837).

January Spread (Volatile) ±5.0767

December Spread (Stable) ±1.2255

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 2.3594 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.3594

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2012: 108.5427) against the same month in 2011 (average: 111.2984), the exchange rate shifted by -2.7557 (-2.48%).

2012 Avg (February) 108.5427

2011 Avg (February) 111.2984

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	109.1125	104.0358	105.8414
February	110.0597	106.8877	108.5427
March	109.7059	107.1762	108.4513
April	109.9828	107.2321	108.1322
May	108.1117	103.0915	105.7728
June	105.8225	102.6794	103.9989
July	104.6500	101.8941	102.9751
August	105.5602	102.7047	103.9564
September	108.8484	105.1240	107.1065
October	108.7430	107.1502	107.9329
November	108.9731	105.9271	107.1013
December	109.5092	108.2837	108.9723