2012 SBD to MAD Historical Review

YEARLY HIGH

1.2851 MAD

YEARLY LOW

1.1255 MAD

YEARLY AVERAGE

1.2112 MAD

2012 SBD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the SBD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 1.2851. Conversely, the yearly low was recorded on January 1, dropping to 1.1255.

This high-to-low spread represents a total annual volatility of 0.1596 MAD. From a start-to-finish perspective, comparing the January average rate of 1.1741 to the December average rate of 1.1968, the exchange rate registered a net change of 1.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.2851 was up 13.86% compared to the 2011 peak of 1.1287, 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 6,426 MAD

2011 Average 5,317 MAD

Yearly Trough Low 5,628 MAD

Transaction Impact: A difference of 797.97 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.2668

1.1657

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 1.1989, compared to 1.2235 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0247 points.

H1 Avg (Jan–Jun) 1.1989

H2 Avg (Jul–Dec) 1.2235

Volatility Range Comparison

Volatility

The most volatile month in 2012 was January, with a trading range of 0.0786 MAD (High: 1.2041 / Low: 1.1255). On the other end, April was the most stable month, with a tight range of 0.0128 MAD (High: 1.1931 / Low: 1.1803).

January Spread (Volatile) ±0.0786

April Spread (Stable) ±0.0128

Growth Streaks & Declines

Trends

Between March and June, 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 August and September, when the average rate fell by 0.0409 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0409

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 1.2482) against the same month in 2011 (average: 1.0711), the exchange rate shifted by +0.1771 (+16.53%).

2012 Avg (July) 1.2482

2011 Avg (July) 1.0711

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2041	1.1255	1.1741
February	1.2028	1.1881	1.1962
March	1.1902	1.1767	1.1829
April	1.1931	1.1803	1.1879
May	1.2124	1.1843	1.1950
June	1.2684	1.2344	1.2571
July	1.2851	1.2216	1.2482
August	1.2698	1.2416	1.2584
September	1.2453	1.1936	1.2175
October	1.2160	1.1832	1.2028
November	1.2328	1.1929	1.2177
December	1.2116	1.1860	1.1968