2011 MAD to MRO Historical Review

YEARLY HIGH

36.3053 MRO

YEARLY LOW

32.5480 MRO

YEARLY AVERAGE

34.5706 MRO

2011 MAD to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MAD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 36.3053. Conversely, the yearly low was recorded on January 10, dropping to 32.5480.

This high-to-low spread represents a total annual volatility of 3.7573 MRO. From a start-to-finish perspective, comparing the January average rate of 33.5300 to the December average rate of 33.8314, the exchange rate registered a net change of 0.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 36.3053 was up 2.15% compared to the 2010 peak of 35.5401, 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 181,526 MRO

2010 Average 162,760 MRO

Yearly Trough Low 162,740 MRO

Transaction Impact: A difference of 18,786.46 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

35.3671

33.3629

JanuMarcMayJulySeptNove

MAD to MRO 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 34.5087, compared to 34.6325 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1237 points.

H1 Avg (Jan–Jun) 34.5087

H2 Avg (Jul–Dec) 34.6325

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 2.9117 MRO (High: 36.3053 / Low: 33.3936). On the other end, December was the most stable month, with a tight range of 1.2434 MRO (High: 34.5472 / Low: 33.3039).

October Spread (Volatile) ±2.9117

December Spread (Stable) ±1.2434

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 0.7828 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.7828

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 35.1178) against the same month in 2010 (average: 34.9940), the exchange rate shifted by +0.1238 (+0.35%).

2011 Avg (October) 35.1178

2010 Avg (October) 34.9940

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	33.9842	32.5480	33.5300
February	35.3778	33.5391	34.2839
March	35.8642	34.1890	35.0715
April	36.0747	34.3553	35.0776
May	35.5436	33.7682	34.4234
June	35.3770	34.0049	34.6660
July	35.4033	34.0554	34.7816
August	36.0146	34.4342	35.2001
September	35.2468	33.8731	34.4173
October	36.3053	33.3936	35.1178
November	35.1045	33.7616	34.4468
December	34.5472	33.3039	33.8314