2012 MAD to NGN Historical Review

YEARLY HIGH

19.0467 NGN

YEARLY LOW

17.4931 NGN

YEARLY AVERAGE

18.3897 NGN

2012 MAD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MAD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 19.0467. Conversely, the yearly low was recorded on August 16, dropping to 17.4931.

This high-to-low spread represents a total annual volatility of 1.5537 NGN. From a start-to-finish perspective, comparing the January average rate of 18.7314 to the December average rate of 18.5048, the exchange rate registered a net change of -1.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 19.0467 was down 5.93% compared to the 2011 peak of 20.2476, 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 95,234 NGN

2011 Average 96,352 NGN

Yearly Trough Low 87,465 NGN

Transaction Impact: A difference of 7,768.26 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

18.8900

17.7626

JanuMarcMayJulySeptNove

MAD to NGN 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 18.5792, compared to 18.2001 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3791 points.

H1 Avg (Jan–Jun) 18.5792

H2 Avg (Jul–Dec) 18.2001

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 1.0615 NGN (High: 18.5990 / Low: 17.5375). On the other end, November was the most stable month, with a tight range of 0.3221 NGN (High: 18.3930 / Low: 18.0709).

July Spread (Volatile) ±1.0615

November Spread (Stable) ±0.3221

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.3921 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3921

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2012: 18.7960) against the same month in 2011 (average: 18.5927), the exchange rate shifted by +0.2033 (+1.09%).

2012 Avg (February) 18.7960

2011 Avg (February) 18.5927

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.0053	18.4697	18.7314
February	19.0467	18.4974	18.7960
March	18.8176	18.4755	18.6604
April	18.7939	18.4659	18.5853
May	18.6711	17.9643	18.2896
June	18.6176	18.0191	18.4127
July	18.5990	17.5375	18.0206
August	18.2274	17.4931	17.8565
September	18.5539	17.9610	18.2678
October	18.5368	18.2061	18.3471
November	18.3930	18.0709	18.2039
December	18.7927	18.2709	18.5048