2012 MAD to VEF Historical Review

YEARLY HIGH

0.5163 VEF

YEARLY LOW

0.4726 VEF

YEARLY AVERAGE

0.4974 VEF

2012 MAD to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MAD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 0.5163. Conversely, the yearly low was recorded on July 24, dropping to 0.4726.

This high-to-low spread represents a total annual volatility of 0.0437 VEF. From a start-to-finish perspective, comparing the January average rate of 0.4986 to the December average rate of 0.5055, the exchange rate registered a net change of 1.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.5163 was down 8.06% compared to the 2011 peak of 0.5615, 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 2,581 VEF

2011 Average 2,656 VEF

Yearly Trough Low 2,363 VEF

Transaction Impact: A difference of 218.30 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.5121

0.4766

JanuMarcMayJulySeptNove

MAD to VEF 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 0.5011, compared to 0.4938 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0073 points.

H1 Avg (Jan–Jun) 0.5011

H2 Avg (Jul–Dec) 0.4938

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0260 VEF (High: 0.5088 / Low: 0.4829). On the other end, October was the most stable month, with a tight range of 0.0071 VEF (High: 0.5051 / Low: 0.4980).

May Spread (Volatile) ±0.0260

October Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between July and October, 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 0.0110 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0110

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2012: 0.5092) against the same month in 2011 (average: 0.5224), the exchange rate shifted by -0.0133 (-2.54%).

2012 Avg (February) 0.5092

2011 Avg (February) 0.5224

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5076	0.4913	0.4986
February	0.5163	0.5022	0.5092
March	0.5127	0.5028	0.5083
April	0.5125	0.5030	0.5070
May	0.5088	0.4829	0.4960
June	0.4930	0.4814	0.4873
July	0.4914	0.4726	0.4796
August	0.4892	0.4784	0.4828
September	0.5061	0.4880	0.4975
October	0.5051	0.4980	0.5009
November	0.5016	0.4920	0.4963
December	0.5098	0.4996	0.5055