2012 SCR to MAD Historical Review

YEARLY HIGH

0.6891 MAD

YEARLY LOW

0.5868 MAD

YEARLY AVERAGE

0.6300 MAD

2012 SCR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the SCR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 10, valuing the pair at 0.6891. Conversely, the yearly low was recorded on March 30, dropping to 0.5868.

This high-to-low spread represents a total annual volatility of 0.1024 MAD. From a start-to-finish perspective, comparing the January average rate of 0.6207 to the December average rate of 0.6488, the exchange rate registered a net change of 4.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.6891 was up 0.14% compared to the 2011 peak of 0.6881, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,446 MAD

2011 Average 3,251 MAD

Yearly Trough Low 2,934 MAD

Transaction Impact: A difference of 511.83 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.6779

0.5923

JanuMarcMayJulySeptNove

SCR 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 0.6082, compared to 0.6519 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0437 points.

H1 Avg (Jan–Jun) 0.6082

H2 Avg (Jul–Dec) 0.6519

Volatility Range Comparison

Volatility

The most volatile month in 2012 was January, with a trading range of 0.0527 MAD (High: 0.6487 / Low: 0.5960). On the other end, October was the most stable month, with a tight range of 0.0133 MAD (High: 0.6605 / Low: 0.6472).

January Spread (Volatile) ±0.0527

October Spread (Stable) ±0.0133

Growth Streaks & Declines

Trends

Between March and May, 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 January and February, when the average rate fell by 0.0186 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0186

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2012: 0.6708) against the same month in 2011 (average: 0.6444), the exchange rate shifted by +0.0264 (+4.10%).

2012 Avg (August) 0.6708

2011 Avg (August) 0.6444

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6487	0.5960	0.6207
February	0.6123	0.5889	0.6021
March	0.6181	0.5868	0.5994
April	0.6152	0.5875	0.6040
May	0.6246	0.5952	0.6125
June	0.6258	0.5995	0.6102
July	0.6448	0.5973	0.6160
August	0.6891	0.6370	0.6708
September	0.6786	0.6536	0.6632
October	0.6605	0.6472	0.6539
November	0.6678	0.6503	0.6588
December	0.6579	0.6427	0.6488