2011 SBD to MAD Historical Review

YEARLY HIGH

1.1287 MAD

YEARLY LOW

1.0084 MAD

YEARLY AVERAGE

1.0634 MAD

2011 SBD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the SBD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 1.1287. Conversely, the yearly low was recorded on May 4, dropping to 1.0084.

This high-to-low spread represents a total annual volatility of 0.1203 MAD. From a start-to-finish perspective, comparing the January average rate of 1.0717 to the December average rate of 1.1088, the exchange rate registered a net change of 3.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.1287 was down 4.77% compared to the 2010 peak of 1.1853, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,644 MAD

2010 Average 5,388 MAD

Yearly Trough Low 5,042 MAD

Transaction Impact: A difference of 601.66 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.1172

1.0167

JanuMarcMayJulySeptNove

SBD 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 1.0468, compared to 1.0801 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0333 points.

H1 Avg (Jan–Jun) 1.0468

H2 Avg (Jul–Dec) 1.0801

Volatility Range Comparison

Volatility

The most volatile month in 2011 was December, with a trading range of 0.0476 MAD (High: 1.1287 / Low: 1.0811). On the other end, August was the most stable month, with a tight range of 0.0128 MAD (High: 1.0705 / Low: 1.0577).

December Spread (Volatile) ±0.0476

August Spread (Stable) ±0.0128

Growth Streaks & Declines

Trends

Between May and July, 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 March and April, when the average rate fell by 0.0265 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0265

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 1.1088) against the same month in 2010 (average: 1.0573), the exchange rate shifted by +0.0515 (+4.87%).

2011 Avg (December) 1.1088

2010 Avg (December) 1.0573

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0876	1.0460	1.0717
February	1.0669	1.0520	1.0616
March	1.0601	1.0423	1.0521
April	1.0354	1.0184	1.0256
May	1.0379	1.0084	1.0251
June	1.0704	1.0277	1.0448
July	1.0924	1.0554	1.0711
August	1.0705	1.0577	1.0653
September	1.0858	1.0692	1.0791
October	1.0882	1.0416	1.0618
November	1.1034	1.0828	1.0943
December	1.1287	1.0811	1.1088