2011 ARS to MAD Historical Review

YEARLY HIGH

2.1640 MAD

YEARLY LOW

1.8700 MAD

YEARLY AVERAGE

1.9621 MAD

2011 ARS to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ARS to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 2.1640. Conversely, the yearly low was recorded on August 29, dropping to 1.8700.

This high-to-low spread represents a total annual volatility of 0.2940 MAD. From a start-to-finish perspective, comparing the January average rate of 2.1009 to the December average rate of 1.9746, the exchange rate registered a net change of -6.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.1640 was down 7.42% compared to the 2010 peak of 2.3374, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,820 MAD

2010 Average 10,769 MAD

Yearly Trough Low 9,350 MAD

Transaction Impact: A difference of 1,469.79 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.1213

1.8761

JanuMarcMayJulySeptNove

ARS 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 1.9875, compared to 1.9367 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0509 points.

H1 Avg (Jan–Jun) 1.9875

H2 Avg (Jul–Dec) 1.9367

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.1279 MAD (High: 2.0113 / Low: 1.8834). On the other end, February was the most stable month, with a tight range of 0.0492 MAD (High: 2.0684 / Low: 2.0192).

October Spread (Volatile) ±0.1279

February Spread (Stable) ±0.0492

Growth Streaks & Declines

Trends

Between October and December, 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 0.0658 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0658

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 2.1009) against the same month in 2010 (average: 2.0806), the exchange rate shifted by +0.0203 (+0.98%).

2011 Avg (January) 2.1009

2010 Avg (January) 2.0806

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1640	2.0468	2.1009
February	2.0684	2.0192	2.0456
March	2.0288	1.9630	1.9949
April	1.9702	1.8781	1.9291
May	1.9710	1.8748	1.9315
June	1.9617	1.8952	1.9232
July	1.9695	1.8960	1.9228
August	1.9269	1.8700	1.8966
September	1.9864	1.8884	1.9433
October	2.0113	1.8834	1.9406
November	1.9790	1.9163	1.9420
December	2.0010	1.9391	1.9746

2011 ARS నుండి MAD చారిత్రక సమీక్ష