2012 MAD to SZL Historical Review

YEARLY HIGH

1.0357 SZL

YEARLY LOW

0.8862 SZL

YEARLY AVERAGE

0.9508 SZL

2012 MAD to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MAD to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 1.0357. Conversely, the yearly low was recorded on March 13, dropping to 0.8862.

This high-to-low spread represents a total annual volatility of 0.1495 SZL. From a start-to-finish perspective, comparing the January average rate of 0.9300 to the December average rate of 1.0158, the exchange rate registered a net change of 9.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.0357 was up 1.52% compared to the 2011 peak of 1.0203, 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 5,179 SZL

2011 Average 4,471 SZL

Yearly Trough Low 4,431 SZL

Transaction Impact: A difference of 747.60 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.0286

0.8882

JanuMarcMayJulySeptNove

MAD to SZL 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 0.9258, compared to 0.9758 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0501 points.

H1 Avg (Jan–Jun) 0.9258

H2 Avg (Jul–Dec) 0.9758

Volatility Range Comparison

Volatility

The most volatile month in 2012 was October, with a trading range of 0.0637 SZL (High: 1.0303 / Low: 0.9666). On the other end, February was the most stable month, with a tight range of 0.0282 SZL (High: 0.9170 / Low: 0.8888).

October Spread (Volatile) ±0.0637

February Spread (Stable) ±0.0282

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0302 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0302

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 1.0158) against the same month in 2011 (average: 0.9671), the exchange rate shifted by +0.0487 (+5.04%).

2012 Avg (December) 1.0158

2011 Avg (December) 0.9671

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9459	0.9176	0.9300
February	0.9170	0.8888	0.9079
March	0.9172	0.8862	0.8999
April	0.9409	0.9099	0.9232
May	0.9597	0.9102	0.9416
June	0.9714	0.9344	0.9519
July	0.9395	0.9077	0.9218
August	0.9627	0.9035	0.9303
September	0.9827	0.9432	0.9605
October	1.0303	0.9666	1.0098
November	1.0354	0.9978	1.0169
December	1.0357	1.0025	1.0158