2011 MAD to IRR Historical Review

YEARLY HIGH

1480.5025 IRR

YEARLY LOW

1092.4169 IRR

YEARLY AVERAGE

1300.9878 IRR

2011 MAD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MAD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 1480.5025. Conversely, the yearly low was recorded on November 25, dropping to 1092.4169.

This high-to-low spread represents a total annual volatility of 388.0856 IRR. From a start-to-finish perspective, comparing the January average rate of 1241.2273 to the December average rate of 1277.1415, the exchange rate registered a net change of 2.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1480.5025 was up 12.74% compared to the 2010 peak of 1313.2084, 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 7,402,513 IRR

2010 Average 5,986,140 IRR

Yearly Trough Low 5,462,085 IRR

Transaction Impact: A difference of 1,940,428.09 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1403.5623

1193.1855

JanuMarcMayJulySeptNove

MAD to IRR 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 1306.4281, compared to 1295.5476 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.8805 points.

H1 Avg (Jan–Jun) 1306.4281

H2 Avg (Jul–Dec) 1295.5476

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 240.6726 IRR (High: 1333.0895 / Low: 1092.4169). On the other end, February was the most stable month, with a tight range of 27.7945 IRR (High: 1273.4776 / Low: 1245.6831).

November Spread (Volatile) ±240.6726

February Spread (Stable) ±27.7945

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 89.4256 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -89.4256

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2011: 1386.0309) against the same month in 2010 (average: 1111.3094), the exchange rate shifted by +274.7215 (+24.72%).

2011 Avg (June) 1386.0309

2010 Avg (June) 1111.3094

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1269.5818	1206.6979	1241.2273
February	1273.4776	1245.6831	1258.9940
March	1309.6902	1261.5716	1284.1283
April	1369.9874	1305.6512	1331.6552
May	1371.2981	1317.4830	1336.5329
June	1480.5025	1347.6067	1386.0309
July	1365.2664	1312.2256	1338.0939
August	1353.9603	1322.3595	1339.7031
September	1336.0783	1288.5379	1307.4877
October	1343.8946	1264.5955	1300.1424
November	1333.0895	1092.4169	1210.7169
December	1307.1027	1100.3638	1277.1415