2011 NPR to MAD Historical Review

YEARLY HIGH

0.1208 MAD

YEARLY LOW

0.0993 MAD

YEARLY AVERAGE

0.1096 MAD

2011 NPR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NPR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.1208. Conversely, the yearly low was recorded on December 1, dropping to 0.0993.

This high-to-low spread represents a total annual volatility of 0.0214 MAD. From a start-to-finish perspective, comparing the January average rate of 0.1175 to the December average rate of 0.1009, the exchange rate registered a net change of -14.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1208 was down 4.58% compared to the 2010 peak of 0.1265, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 604 MAD

2010 Average 590 MAD

Yearly Trough Low 497 MAD

Transaction Impact: A difference of 107.21 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1191

0.0992

JanuMarcMayJulySeptNove

NPR 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 0.1128, compared to 0.1064 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0063 points.

H1 Avg (Jan–Jun) 0.1128

H2 Avg (Jul–Dec) 0.1064

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0065 MAD (High: 0.1129 / Low: 0.1064). On the other end, March was the most stable month, with a tight range of 0.0027 MAD (High: 0.1148 / Low: 0.1121).

August Spread (Volatile) ±0.0065

March Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0029 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.1175) against the same month in 2010 (average: 0.1105), the exchange rate shifted by +0.0070 (+6.29%).

2011 Avg (January) 0.1175

2010 Avg (January) 0.1105

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1208	0.1147	0.1175
February	0.1171	0.1141	0.1155
March	0.1148	0.1121	0.1135
April	0.1131	0.1081	0.1107
May	0.1110	0.1074	0.1097
June	0.1116	0.1083	0.1097
July	0.1128	0.1097	0.1115
August	0.1129	0.1064	0.1089
September	0.1099	0.1066	0.1080
October	0.1091	0.1027	0.1056
November	0.1061	0.1009	0.1035
December	0.1047	0.0993	0.1009