2011 XDR to MAD Historical Review

YEARLY HIGH

13.1877 MAD

YEARLY LOW

12.3656 MAD

YEARLY AVERAGE

12.7752 MAD

2011 XDR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the XDR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 13.1877. Conversely, the yearly low was recorded on May 4, dropping to 12.3656.

This high-to-low spread represents a total annual volatility of 0.8221 MAD. From a start-to-finish perspective, comparing the January average rate of 12.9315 to the December average rate of 13.0864, the exchange rate registered a net change of 1.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 13.1877 was down 1.77% compared to the 2010 peak of 13.4248, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65,939 MAD

2010 Average 64,176 MAD

Yearly Trough Low 61,828 MAD

Transaction Impact: A difference of 4,110.38 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

13.1437

12.4563

JanuMarcMayJulySeptNove

XDR 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 12.7031, compared to 12.8473 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1442 points.

H1 Avg (Jan–Jun) 12.7031

H2 Avg (Jul–Dec) 12.8473

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.4378 MAD (High: 12.8034 / Low: 12.3656). On the other end, February was the most stable month, with a tight range of 0.1767 MAD (High: 12.9383 / Low: 12.7616).

May Spread (Volatile) ±0.4378

February Spread (Stable) ±0.1767

Growth Streaks & Declines

Trends

Between June and September, 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 March and April, when the average rate fell by 0.2016 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 13.0864) against the same month in 2010 (average: 12.9462), the exchange rate shifted by +0.1402 (+1.08%).

2011 Avg (December) 13.0864

2010 Avg (December) 12.9462

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.1259	12.7813	12.9315
February	12.9383	12.7616	12.8559
March	12.8275	12.6061	12.7152
April	12.6512	12.4177	12.5136
May	12.8034	12.3656	12.6157
June	12.7780	12.5041	12.5865
July	12.7700	12.5063	12.6316
August	12.8241	12.5888	12.6746
September	13.0136	12.6877	12.8692
October	13.1025	12.6900	12.8678
November	13.1348	12.8305	12.9539
December	13.1877	12.9562	13.0864