2011 MAD to CVE Historical Review

YEARLY HIGH

9.9492 CVE

YEARLY LOW

9.6531 CVE

YEARLY AVERAGE

9.7957 CVE

2011 MAD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MAD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 9.9492. Conversely, the yearly low was recorded on May 5, dropping to 9.6531.

This high-to-low spread represents a total annual volatility of 0.2961 CVE. From a start-to-finish perspective, comparing the January average rate of 9.8704 to the December average rate of 9.8927, the exchange rate registered a net change of 0.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 9.9492 was down 1.18% compared to the 2010 peak of 10.0677, 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 49,746 CVE

2010 Average 49,428 CVE

Yearly Trough Low 48,266 CVE

Transaction Impact: A difference of 1,480.46 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

9.9088

9.7157

JanuMarcMayJulySeptNove

MAD to CVE 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 9.7822, compared to 9.8093 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0271 points.

H1 Avg (Jan–Jun) 9.7822

H2 Avg (Jul–Dec) 9.8093

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.1741 CVE (High: 9.9492 / Low: 9.7751). On the other end, June was the most stable month, with a tight range of 0.0595 CVE (High: 9.7645 / Low: 9.7050).

January Spread (Volatile) ±0.1741

June Spread (Stable) ±0.0595

Growth Streaks & Declines

Trends

Between August and December, 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 March and April, when the average rate fell by 0.0586 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0586

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 9.8704) against the same month in 2010 (average: 9.7688), the exchange rate shifted by +0.1016 (+1.04%).

2011 Avg (January) 9.8704

2010 Avg (January) 9.7688

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.9492	9.7751	9.8704
February	9.8627	9.7930	9.8258
March	9.8210	9.7366	9.7904
April	9.7680	9.6729	9.7318
May	9.7846	9.6531	9.7371
June	9.7645	9.7050	9.7376
July	9.7999	9.7148	9.7533
August	9.7887	9.7133	9.7438
September	9.8653	9.7384	9.8007
October	9.8952	9.7510	9.8231
November	9.9067	9.7878	9.8420
December	9.9487	9.7928	9.8927