2011 MAD to GNF Historical Review

YEARLY HIGH

942.2633 GNF

YEARLY LOW

790.7473 GNF

YEARLY AVERAGE

855.0447 GNF

2011 MAD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MAD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 3, valuing the pair at 942.2633. Conversely, the yearly low was recorded on October 3, dropping to 790.7473.

This high-to-low spread represents a total annual volatility of 151.5160 GNF. From a start-to-finish perspective, comparing the January average rate of 864.1971 to the December average rate of 818.5517, the exchange rate registered a net change of -5.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 942.2633 was up 8.25% compared to the 2010 peak of 870.4261, 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 4,711,317 GNF

2010 Average 3,322,323 GNF

Yearly Trough Low 3,953,736 GNF

Transaction Impact: A difference of 757,580.03 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

909.6275

799.2091

JanuMarcMayJulySeptNove

MAD to GNF 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 881.9769, compared to 828.1125 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 53.8644 points.

H1 Avg (Jan–Jun) 881.9769

H2 Avg (Jul–Dec) 828.1125

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 116.9466 GNF (High: 927.2956 / Low: 810.3490). On the other end, July was the most stable month, with a tight range of 29.8539 GNF (High: 857.6524 / Low: 827.7985).

January Spread (Volatile) ±116.9466

July Spread (Stable) ±29.8539

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 45.9869 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -45.9869

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2011: 886.6647) against the same month in 2010 (average: 607.9731), the exchange rate shifted by +278.6916 (+45.84%).

2011 Avg (March) 886.6647

2010 Avg (March) 607.9731

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	927.2956	810.3490	864.1971
February	936.2153	878.0217	896.0099
March	942.2633	863.2792	886.6647
April	919.6444	884.5272	900.4260
May	935.0245	835.2852	895.2755
June	863.9058	833.3337	849.2886
July	857.6524	827.7985	844.2353
August	897.7229	834.8622	850.9026
September	832.5015	792.7060	808.4106
October	858.8823	790.7473	825.5828
November	850.6569	804.4923	820.9921
December	841.1595	798.2514	818.5517