2011 NAD to MRO Historical Review

YEARLY HIGH

42.6705 MRO

YEARLY LOW

33.5887 MRO

YEARLY AVERAGE

38.7173 MRO

2011 NAD to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NAD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 42.6705. Conversely, the yearly low was recorded on November 25, dropping to 33.5887.

This high-to-low spread represents a total annual volatility of 9.0819 MRO. From a start-to-finish perspective, comparing the January average rate of 40.4801 to the December average rate of 34.9883, the exchange rate registered a net change of -13.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 42.6705 was up 0.17% compared to the 2010 peak of 42.5976, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 213,353 MRO

2010 Average 187,704 MRO

Yearly Trough Low 167,943 MRO

Transaction Impact: A difference of 45,409.35 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

41.4480

34.3375

JanuMarcMayJulySeptNove

NAD to MRO 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 40.1800, compared to 37.2545 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.9254 points.

H1 Avg (Jan–Jun) 40.1800

H2 Avg (Jul–Dec) 37.2545

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 4.6923 MRO (High: 39.8955 / Low: 35.2033). On the other end, June was the most stable month, with a tight range of 1.2351 MRO (High: 40.7207 / Low: 39.4857).

September Spread (Volatile) ±4.6923

June Spread (Stable) ±1.2351

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.6936 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.6936

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 40.4801) against the same month in 2010 (average: 34.9836), the exchange rate shifted by +5.4965 (+15.71%).

2011 Avg (January) 40.4801

2010 Avg (January) 34.9836

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	42.6705	38.6041	40.4801
February	41.3350	38.1988	39.2093
March	41.8820	39.6184	40.7989
April	42.4827	39.5995	40.8555
May	41.4960	38.1922	39.5629
June	40.7207	39.4857	40.1732
July	41.8539	39.5526	40.5977
August	41.1423	38.0325	39.2358
September	39.8955	35.2033	37.7344
October	36.6556	35.2544	36.0409
November	36.1821	33.5887	34.9301
December	35.9228	33.9495	34.9883