2012 MAD to NIO Historical Review

YEARLY HIGH

2.8772 NIO

YEARLY LOW

2.6038 NIO

YEARLY AVERAGE

2.7267 NIO

2012 MAD to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MAD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 2.8772. Conversely, the yearly low was recorded on July 24, dropping to 2.6038.

This high-to-low spread represents a total annual volatility of 0.2734 NIO. From a start-to-finish perspective, comparing the January average rate of 2.6735 to the December average rate of 2.8385, the exchange rate registered a net change of 6.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 2.8772 was down 1.08% compared to the 2011 peak of 2.9087, 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 14,386 NIO

2011 Average 13,522 NIO

Yearly Trough Low 13,019 NIO

Transaction Impact: A difference of 1,366.85 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

2.8588

2.6151

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 2.7117, compared to 2.7417 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0300 points.

H1 Avg (Jan–Jun) 2.7117

H2 Avg (Jul–Dec) 2.7417

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.1414 NIO (High: 2.7678 / Low: 2.6264). On the other end, April was the most stable month, with a tight range of 0.0462 NIO (High: 2.7729 / Low: 2.7268).

May Spread (Volatile) ±0.1414

April Spread (Stable) ±0.0462

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 April and May, when the average rate fell by 0.0568 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0568

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 2.8385) against the same month in 2011 (average: 2.7093), the exchange rate shifted by +0.1291 (+4.77%).

2012 Avg (December) 2.8385

2011 Avg (December) 2.7093

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7246	2.6332	2.6735
February	2.7817	2.7043	2.7412
March	2.7759	2.7179	2.7471
April	2.7729	2.7268	2.7510
May	2.7678	2.6264	2.6943
June	2.6919	2.6224	2.6633
July	2.6873	2.6038	2.6354
August	2.7051	2.6336	2.6634
September	2.7995	2.6954	2.7552
October	2.8131	2.7662	2.7862
November	2.8069	2.7485	2.7716
December	2.8772	2.7966	2.8385