2012 SHP to MAD Historical Review

YEARLY HIGH

14.1018 MAD

YEARLY LOW

13.1837 MAD

YEARLY AVERAGE

13.6858 MAD

2012 SHP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the SHP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 14.1018. Conversely, the yearly low was recorded on February 26, dropping to 13.1837.

This high-to-low spread represents a total annual volatility of 0.9181 MAD. From a start-to-finish perspective, comparing the January average rate of 13.3612 to the December average rate of 13.7045, the exchange rate registered a net change of 2.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 14.1018 was up 5.30% compared to the 2011 peak of 13.3923, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 70,509 MAD

2011 Average 64,880 MAD

Yearly Trough Low 65,918 MAD

Transaction Impact: A difference of 4,590.39 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

14.0354

13.2731

JanuMarcMayJulySeptNove

SHP 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 13.5171, compared to 13.8544 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3373 points.

H1 Avg (Jan–Jun) 13.5171

H2 Avg (Jul–Dec) 13.8544

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.4161 MAD (High: 14.1018 / Low: 13.6856). On the other end, January was the most stable month, with a tight range of 0.1450 MAD (High: 13.4474 / Low: 13.3024).

July Spread (Volatile) ±0.4161

January Spread (Stable) ±0.1450

Growth Streaks & Declines

Trends

Between February and May, 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 September and October, when the average rate fell by 0.1231 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1231

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 13.9667) against the same month in 2011 (average: 12.7872), the exchange rate shifted by +1.1795 (+9.22%).

2012 Avg (July) 13.9667

2011 Avg (July) 12.7872

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.4474	13.3024	13.3612
February	13.4550	13.1837	13.3366
March	13.4340	13.2827	13.3702
April	13.7067	13.3531	13.5561
May	13.8883	13.6743	13.7829
June	13.8063	13.6132	13.6959
July	14.1018	13.6856	13.9667
August	14.0646	13.8642	13.9719
September	13.9851	13.7658	13.8996
October	13.9036	13.6557	13.7765
November	13.8871	13.7046	13.8072
December	13.8120	13.5907	13.7045