2011 MAD to STD Historical Review

YEARLY HIGH

2266.5861 STD

YEARLY LOW

2074.1988 STD

YEARLY AVERAGE

2179.4154 STD

2011 MAD to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MAD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 17, valuing the pair at 2266.5861. Conversely, the yearly low was recorded on September 13, dropping to 2074.1988.

This high-to-low spread represents a total annual volatility of 192.3873 STD. From a start-to-finish perspective, comparing the January average rate of 2199.3126 to the December average rate of 2188.5228, the exchange rate registered a net change of -0.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 2266.5861 was down 0.72% compared to the 2010 peak of 2282.9223, 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 11,332,930 STD

2010 Average 10,858,213 STD

Yearly Trough Low 10,370,994 STD

Transaction Impact: A difference of 961,936.40 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2203.9795

2147.9772

JanuMarcMayJulySeptNove

MAD to STD 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 2181.9139, compared to 2176.9169 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.9969 points.

H1 Avg (Jan–Jun) 2181.9139

H2 Avg (Jul–Dec) 2176.9169

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 116.3174 STD (High: 2190.5162 / Low: 2074.1988). On the other end, February was the most stable month, with a tight range of 19.3699 STD (High: 2200.2750 / Low: 2180.9050).

September Spread (Volatile) ±116.3174

February Spread (Stable) ±19.3699

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 23.7976 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -23.7976

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 2197.2432) against the same month in 2010 (average: 2183.6013), the exchange rate shifted by +13.6420 (+0.62%).

2011 Avg (October) 2197.2432

2010 Avg (October) 2183.6013

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2215.2182	2174.1136	2199.3126
February	2200.2750	2180.9050	2190.0123
March	2193.4301	2147.8691	2180.4248
April	2241.8755	2152.1162	2177.2978
May	2218.5112	2139.5708	2173.4952
June	2189.2185	2140.6970	2170.9405
July	2176.5129	2140.7158	2166.7649
August	2206.6608	2158.4006	2176.4417
September	2190.5162	2074.1988	2152.6440
October	2266.5861	2168.9101	2197.2432
November	2211.7417	2130.4576	2179.8848
December	2207.4394	2146.7496	2188.5228