2012 MRO to MAD Historical Review

YEARLY HIGH

0.0308 MAD

YEARLY LOW

0.0279 MAD

YEARLY AVERAGE

0.0293 MAD

2012 MRO to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MRO to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 0.0308. Conversely, the yearly low was recorded on December 27, dropping to 0.0279.

This high-to-low spread represents a total annual volatility of 0.0029 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0299 to the December average rate of 0.0284, the exchange rate registered a net change of -4.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0308 was up 0.39% compared to the 2011 peak of 0.0307, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 154 MAD

2011 Average 145 MAD

Yearly Trough Low 140 MAD

Transaction Impact: A difference of 14.47 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0304

0.0283

JanuMarcMayJulySeptNove

MRO 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 0.0295, compared to 0.0291 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0295

H2 Avg (Jul–Dec) 0.0291

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0016 MAD (High: 0.0306 / Low: 0.0291). On the other end, October was the most stable month, with a tight range of 0.0005 MAD (High: 0.0288 / Low: 0.0282).

May Spread (Volatile) ±0.0016

October Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between March and July, 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 January and February, when the average rate fell by 0.0009 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2012: 0.0302) against the same month in 2011 (average: 0.0288), the exchange rate shifted by +0.0013 (+4.61%).

2012 Avg (June) 0.0302

2011 Avg (June) 0.0288

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0305	0.0292	0.0299
February	0.0295	0.0283	0.0290
March	0.0293	0.0286	0.0289
April	0.0297	0.0286	0.0292
May	0.0306	0.0291	0.0298
June	0.0308	0.0298	0.0302
July	0.0308	0.0297	0.0303
August	0.0298	0.0291	0.0295
September	0.0292	0.0282	0.0287
October	0.0288	0.0282	0.0285
November	0.0293	0.0287	0.0290
December	0.0289	0.0279	0.0284