2012 MDL to MAD Historical Review

YEARLY HIGH

0.7432 MAD

YEARLY LOW

0.6866 MAD

YEARLY AVERAGE

0.7139 MAD

2012 MDL to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MDL to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.7432. Conversely, the yearly low was recorded on September 15, dropping to 0.6866.

This high-to-low spread represents a total annual volatility of 0.0565 MAD. From a start-to-finish perspective, comparing the January average rate of 0.7308 to the December average rate of 0.6976, the exchange rate registered a net change of -4.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.7432 was up 0.64% compared to the 2011 peak of 0.7384, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MDL based on timing:

Yearly Peak High 3,716 MAD

2011 Average 3,456 MAD

Yearly Trough Low 3,433 MAD

Transaction Impact: A difference of 282.71 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.7342

0.6929

JanuMarcMayJulySeptNove

MDL to MAD 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 0.7227, compared to 0.7051 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0176 points.

H1 Avg (Jan–Jun) 0.7227

H2 Avg (Jul–Dec) 0.7051

Volatility Range Comparison

Volatility

The most volatile month in 2012 was January, with a trading range of 0.0248 MAD (High: 0.7432 / Low: 0.7184). On the other end, December was the most stable month, with a tight range of 0.0115 MAD (High: 0.7026 / Low: 0.6911).

January Spread (Volatile) ±0.0248

December Spread (Stable) ±0.0115

Growth Streaks & Declines

Trends

Between February and May, 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 January and February, when the average rate fell by 0.0177 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0177

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2012: 0.7308) against the same month in 2011 (average: 0.6866), the exchange rate shifted by +0.0442 (+6.44%).

2012 Avg (January) 0.7308

2011 Avg (January) 0.6866

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7432	0.7184	0.7308
February	0.7244	0.7040	0.7131
March	0.7217	0.7081	0.7139
April	0.7268	0.7090	0.7204
May	0.7383	0.7187	0.7299
June	0.7385	0.7163	0.7283
July	0.7299	0.7126	0.7230
August	0.7214	0.7053	0.7124
September	0.7086	0.6866	0.6963
October	0.7079	0.6951	0.7002
November	0.7085	0.6920	0.7011
December	0.7026	0.6911	0.6976