2012 ZAR to MAD Historical Review

YEARLY HIGH

1.1291 MAD

YEARLY LOW

0.9600 MAD

YEARLY AVERAGE

1.0538 MAD

2012 ZAR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the ZAR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 1.1291. Conversely, the yearly low was recorded on December 2, dropping to 0.9600.

This high-to-low spread represents a total annual volatility of 0.1691 MAD. From a start-to-finish perspective, comparing the January average rate of 1.0756 to the December average rate of 0.9845, the exchange rate registered a net change of -8.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.1291 was down 10.90% compared to the 2011 peak of 1.2673, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 56,456 MAD

2011 Average 55,986 MAD

Yearly Trough Low 47,999 MAD

Transaction Impact: A difference of 8,457.09 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.1243

0.9697

JanuMarcMayJulySeptNove

ZAR 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 1.0806, compared to 1.0269 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0537 points.

H1 Avg (Jan–Jun) 1.0806

H2 Avg (Jul–Dec) 1.0269

Volatility Range Comparison

Volatility

The most volatile month in 2012 was October, with a trading range of 0.0671 MAD (High: 1.0318 / Low: 0.9648). On the other end, February was the most stable month, with a tight range of 0.0312 MAD (High: 1.1225 / Low: 1.0914).

October Spread (Volatile) ±0.0671

February Spread (Stable) ±0.0312

Growth Streaks & Declines

Trends

Between January and March, 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 September and October, when the average rate fell by 0.0538 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0538

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2012: 1.1114) against the same month in 2011 (average: 1.1641), the exchange rate shifted by -0.0527 (-4.52%).

2012 Avg (March) 1.1114

2011 Avg (March) 1.1641

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0914	1.0569	1.0756
February	1.1225	1.0914	1.1019
March	1.1291	1.0903	1.1114
April	1.0995	1.0623	1.0821
May	1.0971	1.0415	1.0630
June	1.0676	1.0318	1.0499
July	1.1004	1.0660	1.0861
August	1.1077	1.0408	1.0766
September	1.0624	1.0293	1.0427
October	1.0318	0.9648	0.9889
November	1.0045	0.9647	0.9826
December	0.9965	0.9600	0.9845