2010 VEF to MAD Historical Review

YEARLY HIGH

3.6761 MAD

YEARLY LOW

1.7876 MAD

YEARLY AVERAGE

2.0093 MAD

2010 VEF to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the VEF to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 3.6761. Conversely, the yearly low was recorded on January 11, dropping to 1.7876.

This high-to-low spread represents a total annual volatility of 1.8886 MAD. From a start-to-finish perspective, comparing the January average rate of 2.4299 to the December average rate of 1.9627, the exchange rate registered a net change of -19.23% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 18,381 MAD

Yearly Average 10,047 MAD

Yearly Trough Low 8,938 MAD

Transaction Impact: A difference of 9,442.90 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

2.4845

1.8290

JanuMarcMayJulySeptNove

VEF 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 2.0571, compared to 1.9616 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0955 points.

H1 Avg (Jan–Jun) 2.0571

H2 Avg (Jul–Dec) 1.9616

Volatility Range Comparison

Volatility

The most volatile month in 2010 was January, with a trading range of 1.8886 MAD (High: 3.6761 / Low: 1.7876). On the other end, April was the most stable month, with a tight range of 0.0439 MAD (High: 1.9604 / Low: 1.9164).

January Spread (Volatile) ±1.8886

April Spread (Stable) ±0.0439

Growth Streaks & Declines

Trends

Between February and June, 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 January and February, when the average rate fell by 0.5185 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.5185

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 2.4299.

2010 Avg (January) 2.4299

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.6761	1.7876	2.4299
February	1.9319	1.8767	1.9114
March	1.9493	1.8983	1.9217
April	1.9604	1.9164	1.9404
May	2.0938	1.9480	2.0427
June	2.1355	2.0709	2.0963
July	2.0882	1.9839	2.0212
August	2.0464	1.9617	2.0053
September	2.0322	1.9121	1.9847
October	1.9082	1.8597	1.8836
November	1.9909	1.8460	1.9118
December	1.9849	1.9378	1.9627