2011 TTD to MAD Historical Review

YEARLY HIGH

1.3628 MAD

YEARLY LOW

1.2091 MAD

YEARLY AVERAGE

1.2806 MAD

2011 TTD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TTD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 1.3628. Conversely, the yearly low was recorded on May 4, dropping to 1.2091.

This high-to-low spread represents a total annual volatility of 0.1537 MAD. From a start-to-finish perspective, comparing the January average rate of 1.3236 to the December average rate of 1.3373, the exchange rate registered a net change of 1.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.3628 was down 6.38% compared to the 2010 peak of 1.4557, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,814 MAD

2010 Average 6,681 MAD

Yearly Trough Low 6,046 MAD

Transaction Impact: A difference of 768.26 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.3470

1.2306

JanuMarcMayJulySeptNove

TTD 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 1.2725, compared to 1.2888 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0163 points.

H1 Avg (Jan–Jun) 1.2725

H2 Avg (Jul–Dec) 1.2888

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0749 MAD (High: 1.3365 / Low: 1.2617). On the other end, August was the most stable month, with a tight range of 0.0248 MAD (High: 1.2636 / Low: 1.2387).

October Spread (Volatile) ±0.0749

August Spread (Stable) ±0.0248

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0342 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0342

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 1.3236) against the same month in 2010 (average: 1.2533), the exchange rate shifted by +0.0703 (+5.61%).

2011 Avg (January) 1.3236

2010 Avg (January) 1.2533

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3628	1.2953	1.3236
February	1.3172	1.2912	1.3032
March	1.2931	1.2542	1.2745
April	1.2645	1.2112	1.2403
May	1.2735	1.2091	1.2476
June	1.2674	1.2263	1.2457
July	1.2777	1.2380	1.2529
August	1.2636	1.2387	1.2495
September	1.3177	1.2531	1.2913
October	1.3365	1.2617	1.2941
November	1.3347	1.2877	1.3074
December	1.3572	1.3128	1.3373