2012 TTD to MAD Historical Review

YEARLY HIGH

1.4218 MAD

YEARLY LOW

1.3144 MAD

YEARLY AVERAGE

1.3580 MAD

2012 TTD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the TTD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 1, valuing the pair at 1.4218. Conversely, the yearly low was recorded on December 19, dropping to 1.3144.

This high-to-low spread represents a total annual volatility of 0.1074 MAD. From a start-to-finish perspective, comparing the January average rate of 1.3617 to the December average rate of 1.3283, the exchange rate registered a net change of -2.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.4218 was up 4.33% compared to the 2011 peak of 1.3628, 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 7,109 MAD

2011 Average 6,403 MAD

Yearly Trough Low 6,572 MAD

Transaction Impact: A difference of 536.81 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.4101

1.3209

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 1.3551, compared to 1.3609 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 1.3551

H2 Avg (Jul–Dec) 1.3609

Volatility Range Comparison

Volatility

The most volatile month in 2012 was September, with a trading range of 0.0974 MAD (High: 1.4218 / Low: 1.3244). On the other end, October was the most stable month, with a tight range of 0.0220 MAD (High: 1.3472 / Low: 1.3252).

September Spread (Volatile) ±0.0974

October Spread (Stable) ±0.0220

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0402 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0402

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2012: 1.3517) against the same month in 2011 (average: 1.2913), the exchange rate shifted by +0.0604 (+4.68%).

2012 Avg (September) 1.3517

2011 Avg (September) 1.2913

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3828	1.3377	1.3617
February	1.3516	1.3157	1.3335
March	1.3497	1.3214	1.3347
April	1.3480	1.3231	1.3387
May	1.4041	1.3321	1.3688
June	1.4103	1.3775	1.3931
July	1.4152	1.3848	1.4026
August	1.4188	1.3737	1.3919
September	1.4218	1.3244	1.3517
October	1.3472	1.3252	1.3385
November	1.3625	1.3383	1.3522
December	1.3452	1.3144	1.3283