2011 MAD to NIO Historical Review

YEARLY HIGH

2.9087 NIO

YEARLY LOW

2.3062 NIO

YEARLY AVERAGE

2.7031 NIO

2011 MAD to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MAD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 2.9087. Conversely, the yearly low was recorded on January 10, dropping to 2.3062.

This high-to-low spread represents a total annual volatility of 0.6024 NIO. From a start-to-finish perspective, comparing the January average rate of 2.3745 to the December average rate of 2.7093, the exchange rate registered a net change of 14.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.9087 was up 16.81% compared to the 2010 peak of 2.4901, 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 14,543 NIO

2010 Average 11,635 NIO

Yearly Trough Low 11,531 NIO

Transaction Impact: A difference of 3,012.25 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.9046

2.3264

JanuMarcMayJulySeptNove

MAD to NIO 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 2.6217, compared to 2.7845 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1628 points.

H1 Avg (Jan–Jun) 2.6217

H2 Avg (Jul–Dec) 2.7845

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.3986 NIO (High: 2.8992 / Low: 2.5006). On the other end, February was the most stable month, with a tight range of 0.0564 NIO (High: 2.4477 / Low: 2.3913).

April Spread (Volatile) ±0.3986

February Spread (Stable) ±0.0564

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 0.0825 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0825

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 2.8246) against the same month in 2010 (average: 2.2323), the exchange rate shifted by +0.5923 (+26.53%).

2011 Avg (May) 2.8246

2010 Avg (May) 2.2323

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4297	2.3062	2.3745
February	2.4477	2.3913	2.4188
March	2.5093	2.4403	2.4769
April	2.8992	2.5006	2.7942
May	2.9087	2.7707	2.8246
June	2.8836	2.7905	2.8414
July	2.8695	2.7796	2.8367
August	2.8865	2.8242	2.8564
September	2.8526	2.7185	2.7739
October	2.8469	2.6826	2.7732
November	2.7899	2.7116	2.7577
December	2.7535	2.6696	2.7093