2011 MAD to MNT Historical Review

YEARLY HIGH

165.7405 MNT

YEARLY LOW

145.1191 MNT

YEARLY AVERAGE

155.3489 MNT

2011 MAD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MAD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 165.7405. Conversely, the yearly low was recorded on January 11, dropping to 145.1191.

This high-to-low spread represents a total annual volatility of 20.6214 MNT. From a start-to-finish perspective, comparing the January average rate of 148.9060 to the December average rate of 161.1675, the exchange rate registered a net change of 8.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 165.7405 was down 12.67% compared to the 2010 peak of 189.7796, 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 828,702 MNT

2010 Average 804,379 MNT

Yearly Trough Low 725,595 MNT

Transaction Impact: A difference of 103,106.97 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

162.3937

147.6798

JanuMarcMayJulySeptNove

MAD to MNT 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 153.7973, compared to 156.9005 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.1032 points.

H1 Avg (Jan–Jun) 153.7973

H2 Avg (Jul–Dec) 156.9005

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 14.7363 MNT (High: 164.0092 / Low: 149.2730). On the other end, December was the most stable month, with a tight range of 2.2882 MNT (High: 162.2488 / Low: 159.9606).

April Spread (Volatile) ±14.7363

December Spread (Stable) ±2.2882

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 August and September, when the average rate fell by 2.1746 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -2.1746

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 155.9203) against the same month in 2010 (average: 157.8092), the exchange rate shifted by -1.8889 (-1.20%).

2011 Avg (May) 155.9203

2010 Avg (May) 157.8092

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	151.3302	145.1191	148.9060
February	153.3953	150.1994	151.7367
March	155.0893	148.7300	152.1280
April	164.0092	149.2730	155.0110
May	165.7405	151.1603	155.9203
June	161.3491	156.2331	159.0818
July	159.6824	153.5789	157.0052
August	158.9600	152.8679	155.7044
September	157.8239	150.9093	153.5298
October	162.0078	149.3452	156.4453
November	161.3402	155.4843	157.5507
December	162.2488	159.9606	161.1675