2011 RSD to MAD Historical Review

YEARLY HIGH

0.1176 MAD

YEARLY LOW

0.1047 MAD

YEARLY AVERAGE

0.1108 MAD

2011 RSD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the RSD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 20, valuing the pair at 0.1176. Conversely, the yearly low was recorded on January 10, dropping to 0.1047.

This high-to-low spread represents a total annual volatility of 0.0129 MAD. From a start-to-finish perspective, comparing the January average rate of 0.1066 to the December average rate of 0.1083, the exchange rate registered a net change of 1.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1176 was down 0.53% compared to the 2010 peak of 0.1183, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 588 MAD

2010 Average 543 MAD

Yearly Trough Low 524 MAD

Transaction Impact: A difference of 64.40 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1165

0.1057

JanuMarcMayJulySeptNove

RSD 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 0.1110, compared to 0.1106 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.1110

H2 Avg (Jul–Dec) 0.1106

Volatility Range Comparison

Volatility

The most volatile month in 2011 was June, with a trading range of 0.0067 MAD (High: 0.1176 / Low: 0.1109). On the other end, February was the most stable month, with a tight range of 0.0021 MAD (High: 0.1096 / Low: 0.1076).

June Spread (Volatile) ±0.0067

February Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between January and May, 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 June and July, when the average rate fell by 0.0029 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.1156) against the same month in 2010 (average: 0.1115), the exchange rate shifted by +0.0040 (+3.61%).

2011 Avg (May) 0.1156

2010 Avg (May) 0.1115

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1086	0.1047	0.1066
February	0.1096	0.1076	0.1088
March	0.1105	0.1078	0.1093
April	0.1146	0.1098	0.1120
May	0.1176	0.1133	0.1156
June	0.1176	0.1109	0.1139
July	0.1135	0.1084	0.1110
August	0.1127	0.1090	0.1109
September	0.1132	0.1094	0.1117
October	0.1135	0.1098	0.1119
November	0.1129	0.1071	0.1095
December	0.1099	0.1050	0.1083