2012 RON to MAD Historical Review

YEARLY HIGH

2.5798 MAD

YEARLY LOW

2.3676 MAD

YEARLY AVERAGE

2.4909 MAD

2012 RON to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the RON to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 2.5798. Conversely, the yearly low was recorded on July 24, dropping to 2.3676.

This high-to-low spread represents a total annual volatility of 0.2122 MAD. From a start-to-finish perspective, comparing the January average rate of 2.5600 to the December average rate of 2.4857, the exchange rate registered a net change of -2.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 2.5798 was down 7.63% compared to the 2011 peak of 2.7930, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,899 MAD

2011 Average 13,287 MAD

Yearly Trough Low 11,838 MAD

Transaction Impact: A difference of 1,061.00 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

2.5783

2.4016

JanuMarcMayJulySeptNove

RON 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 2.5328, compared to 2.4490 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0839 points.

H1 Avg (Jan–Jun) 2.5328

H2 Avg (Jul–Dec) 2.4490

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.1192 MAD (High: 2.4868 / Low: 2.3676). On the other end, February was the most stable month, with a tight range of 0.0175 MAD (High: 2.5713 / Low: 2.5538).

July Spread (Volatile) ±0.1192

February Spread (Stable) ±0.0175

Growth Streaks & Declines

Trends

Between July and September, 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 June and July, when the average rate fell by 0.0577 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0577

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2012: 2.5600) against the same month in 2011 (average: 2.6194), the exchange rate shifted by -0.0594 (-2.27%).

2012 Avg (January) 2.5600

2011 Avg (January) 2.6194

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5798	2.5362	2.5600
February	2.5713	2.5538	2.5636
March	2.5668	2.5393	2.5553
April	2.5577	2.5276	2.5467
May	2.5285	2.4623	2.4975
June	2.4833	2.4617	2.4740
July	2.4868	2.3676	2.4163
August	2.4797	2.3767	2.4385
September	2.4809	2.4424	2.4660
October	2.4566	2.4284	2.4368
November	2.4675	2.4399	2.4504
December	2.5248	2.4472	2.4857