2011 QAR to MAD Historical Review

YEARLY HIGH

2.3644 MAD

YEARLY LOW

2.1011 MAD

YEARLY AVERAGE

2.2237 MAD

2011 QAR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the QAR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 2.3644. Conversely, the yearly low was recorded on May 4, dropping to 2.1011.

This high-to-low spread represents a total annual volatility of 0.2633 MAD. From a start-to-finish perspective, comparing the January average rate of 2.2967 to the December average rate of 2.3249, the exchange rate registered a net change of 1.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.3644 was down 6.16% compared to the 2010 peak of 2.5195, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,822 MAD

2010 Average 11,570 MAD

Yearly Trough Low 10,506 MAD

Transaction Impact: A difference of 1,316.29 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.3420

2.1370

JanuMarcMayJulySeptNove

QAR 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 2.2086, compared to 2.2389 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0303 points.

H1 Avg (Jan–Jun) 2.2086

H2 Avg (Jul–Dec) 2.2389

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.1301 MAD (High: 2.3225 / Low: 2.1924). On the other end, August was the most stable month, with a tight range of 0.0433 MAD (High: 2.1922 / Low: 2.1489).

October Spread (Volatile) ±0.1301

August Spread (Stable) ±0.0433

Growth Streaks & Declines

Trends

Between August and December, 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 March and April, when the average rate fell by 0.0568 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0568

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 2.2967) against the same month in 2010 (average: 2.1744), the exchange rate shifted by +0.1223 (+5.63%).

2011 Avg (January) 2.2967

2010 Avg (January) 2.1744

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3644	2.2472	2.2967
February	2.2852	2.2347	2.2594
March	2.2434	2.1845	2.2109
April	2.1940	2.1058	2.1541
May	2.2112	2.1011	2.1672
June	2.2023	2.1292	2.1631
July	2.2188	2.1471	2.1755
August	2.1922	2.1489	2.1693
September	2.2898	2.1775	2.2433
October	2.3225	2.1924	2.2487
November	2.3180	2.2376	2.2716
December	2.3619	2.2805	2.3249