2011 PHP to MAD Historical Review

YEARLY HIGH

0.1961 MAD

YEARLY LOW

0.1782 MAD

YEARLY AVERAGE

0.1869 MAD

2011 PHP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the PHP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.1961. Conversely, the yearly low was recorded on May 4, dropping to 0.1782.

This high-to-low spread represents a total annual volatility of 0.0180 MAD. From a start-to-finish perspective, comparing the January average rate of 0.1891 to the December average rate of 0.1940, the exchange rate registered a net change of 2.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1961 was down 0.95% compared to the 2010 peak of 0.1980, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 49,036 MAD

2010 Average 46,721 MAD

Yearly Trough Low 44,538 MAD

Transaction Impact: A difference of 4,497.80 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1953

0.1802

JanuMarcMayJulySeptNove

PHP 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 0.1847, compared to 0.1891 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.1847

H2 Avg (Jul–Dec) 0.1891

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0097 MAD (High: 0.1944 / Low: 0.1847). On the other end, November was the most stable month, with a tight range of 0.0030 MAD (High: 0.1925 / Low: 0.1894).

January Spread (Volatile) ±0.0097

November Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between June and September, 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 March and April, when the average rate fell by 0.0035 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.1940) against the same month in 2010 (average: 0.1920), the exchange rate shifted by +0.0021 (+1.07%).

2011 Avg (December) 0.1940

2010 Avg (December) 0.1920

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1944	0.1847	0.1891
February	0.1906	0.1852	0.1885
March	0.1872	0.1824	0.1851
April	0.1842	0.1790	0.1816
May	0.1852	0.1782	0.1827
June	0.1835	0.1792	0.1814
July	0.1879	0.1812	0.1854
August	0.1887	0.1843	0.1860
September	0.1919	0.1873	0.1897
October	0.1926	0.1867	0.1888
November	0.1925	0.1894	0.1907
December	0.1961	0.1917	0.1940