2011 MAD to DJF Historical Review

YEARLY HIGH

23.2372 DJF

YEARLY LOW

20.6499 DJF

YEARLY AVERAGE

21.9768 DJF

2011 MAD to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MAD to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 23.2372. Conversely, the yearly low was recorded on January 10, dropping to 20.6499.

This high-to-low spread represents a total annual volatility of 2.5873 DJF. From a start-to-finish perspective, comparing the January average rate of 21.2632 to the December average rate of 21.0501, the exchange rate registered a net change of -1.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 23.2372 was up 1.41% compared to the 2010 peak of 22.9133, 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 116,186 DJF

2010 Average 105,648 DJF

Yearly Trough Low 103,249 DJF

Transaction Impact: A difference of 12,936.46 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

22.8309

20.8882

JanuMarcMayJulySeptNove

MAD to DJF 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 22.1222, compared to 21.8313 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2909 points.

H1 Avg (Jan–Jun) 22.1222

H2 Avg (Jul–Dec) 21.8313

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 1.2476 DJF (High: 22.2701 / Low: 21.0225). On the other end, August was the most stable month, with a tight range of 0.4483 DJF (High: 22.7202 / Low: 22.2719).

October Spread (Volatile) ±1.2476

August Spread (Stable) ±0.4483

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.7376 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.7376

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 22.5329) against the same month in 2010 (average: 20.2570), the exchange rate shifted by +2.2758 (+11.23%).

2011 Avg (May) 22.5329

2010 Avg (May) 20.2570

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.7263	20.6499	21.2632
February	21.8479	21.3653	21.6101
March	22.3500	21.7635	22.0851
April	23.1860	22.2534	22.6691
May	23.2372	22.0801	22.5329
June	22.9307	22.1698	22.5730
July	22.7402	22.0046	22.4444
August	22.7202	22.2719	22.5076
September	22.4224	21.3223	21.7699
October	22.2701	21.0225	21.7174
November	21.8204	21.0535	21.4986
December	21.4071	20.7480	21.0501