2012 MAD to CVE Historical Review

YEARLY HIGH

10.1420 CVE

YEARLY LOW

9.7618 CVE

YEARLY AVERAGE

9.9542 CVE

2012 MAD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MAD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 10.1420. Conversely, the yearly low was recorded on September 27, dropping to 9.7618.

This high-to-low spread represents a total annual volatility of 0.3802 CVE. From a start-to-finish perspective, comparing the January average rate of 9.9322 to the December average rate of 9.9193, the exchange rate registered a net change of -0.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 10.1420 was up 1.94% compared to the 2011 peak of 9.9492, 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 50,710 CVE

2011 Average 48,978 CVE

Yearly Trough Low 48,809 CVE

Transaction Impact: A difference of 1,901.20 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

10.0797

9.8774

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 9.9296, compared to 9.9788 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0492 points.

H1 Avg (Jan–Jun) 9.9296

H2 Avg (Jul–Dec) 9.9788

Volatility Range Comparison

Volatility

The most volatile month in 2012 was September, with a trading range of 0.2974 CVE (High: 10.0592 / Low: 9.7618). On the other end, March was the most stable month, with a tight range of 0.0711 CVE (High: 9.9390 / Low: 9.8679).

September Spread (Volatile) ±0.2974

March Spread (Stable) ±0.0711

Growth Streaks & Declines

Trends

Between March and July, 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 August and September, when the average rate fell by 0.1147 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1147

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2012: 10.0550) against the same month in 2011 (average: 9.7438), the exchange rate shifted by +0.3112 (+3.19%).

2012 Avg (August) 10.0550

2011 Avg (August) 9.7438

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.9859	9.8618	9.9322
February	9.9688	9.8618	9.9052
March	9.9390	9.8679	9.8943
April	9.9359	9.8326	9.9012
May	10.0195	9.8498	9.9463
June	10.0387	9.9558	9.9984
July	10.1146	9.9942	10.0628
August	10.1420	9.9716	10.0550
September	10.0592	9.7618	9.9404
October	9.9890	9.8165	9.9372
November	9.9910	9.9137	9.9579
December	9.9770	9.8611	9.9193