2018 AOA to MAD Historical Review

YEARLY HIGH

0.0564 MAD

YEARLY LOW

0.0305 MAD

YEARLY AVERAGE

0.0383 MAD

2018 AOA to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the AOA to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.0564. Conversely, the yearly low was recorded on November 19, dropping to 0.0305.

This high-to-low spread represents a total annual volatility of 0.0259 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0520 to the December average rate of 0.0309, the exchange rate registered a net change of -40.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0564 was down 8.17% compared to the 2017 peak of 0.0614, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 282 MAD

2017 Average 292 MAD

Yearly Trough Low 152 MAD

Transaction Impact: A difference of 129.70 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0541

0.0286

JanuMarcMayJulySeptNove

AOA 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 0.0434, compared to 0.0331 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0103 points.

H1 Avg (Jan–Jun) 0.0434

H2 Avg (Jul–Dec) 0.0331

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0123 MAD (High: 0.0564 / Low: 0.0441). On the other end, November was the most stable month, with a tight range of 0.0005 MAD (High: 0.0309 / Low: 0.0305).

January Spread (Volatile) ±0.0123

November Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0082 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.0520) against the same month in 2017 (average: 0.0607), the exchange rate shifted by -0.0087 (-14.30%).

2018 Avg (January) 0.0520

2017 Avg (January) 0.0607

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0564	0.0441	0.0520
February	0.0443	0.0432	0.0437
March	0.0432	0.0425	0.0429
April	0.0431	0.0411	0.0423
May	0.0414	0.0396	0.0406
June	0.0400	0.0380	0.0392
July	0.0383	0.0368	0.0373
August	0.0368	0.0341	0.0357
September	0.0342	0.0320	0.0329
October	0.0318	0.0310	0.0313
November	0.0309	0.0305	0.0307
December	0.0312	0.0306	0.0309