2012 MOP to MAD Historical Review

YEARLY HIGH

1.1347 MAD

YEARLY LOW

1.0418 MAD

YEARLY AVERAGE

1.0809 MAD

2012 MOP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MOP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 1.1347. Conversely, the yearly low was recorded on February 26, dropping to 1.0418.

This high-to-low spread represents a total annual volatility of 0.0928 MAD. From a start-to-finish perspective, comparing the January average rate of 1.0773 to the December average rate of 1.0642, the exchange rate registered a net change of -1.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.1347 was up 5.62% compared to the 2011 peak of 1.0743, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,673 MAD

2011 Average 5,047 MAD

Yearly Trough Low 5,209 MAD

Transaction Impact: A difference of 464.14 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.1269

1.0495

JanuMarcMayJulySeptNove

MOP 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 1.0725, compared to 1.0894 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0169 points.

H1 Avg (Jan–Jun) 1.0725

H2 Avg (Jul–Dec) 1.0894

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0562 MAD (High: 1.1119 / Low: 1.0557). On the other end, October was the most stable month, with a tight range of 0.0161 MAD (High: 1.0795 / Low: 1.0635).

May Spread (Volatile) ±0.0562

October Spread (Stable) ±0.0161

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0320 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0320

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 1.1204) against the same month in 2011 (average: 0.9869), the exchange rate shifted by +0.1335 (+13.53%).

2012 Avg (July) 1.1204

2011 Avg (July) 0.9869

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0929	1.0597	1.0773
February	1.0704	1.0418	1.0559
March	1.0679	1.0471	1.0567
April	1.0671	1.0484	1.0594
May	1.1119	1.0557	1.0828
June	1.1155	1.0895	1.1028
July	1.1347	1.0968	1.1204
August	1.1249	1.0982	1.1133
September	1.1033	1.0641	1.0813
October	1.0795	1.0635	1.0734
November	1.0920	1.0723	1.0838
December	1.0775	1.0522	1.0642