2020 ARS to MAD Historical Review

YEARLY HIGH

0.1610 MAD

YEARLY LOW

0.1058 MAD

YEARLY AVERAGE

0.1363 MAD

2020 ARS to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ARS to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.1610. Conversely, the yearly low was recorded on December 31, dropping to 0.1058.

This high-to-low spread represents a total annual volatility of 0.0553 MAD. From a start-to-finish perspective, comparing the January average rate of 0.1603 to the December average rate of 0.1088, the exchange rate registered a net change of -32.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1610 was down 37.58% compared to the 2019 peak of 0.2580, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 805 MAD

2019 Average 1,027 MAD

Yearly Trough Low 529 MAD

Transaction Impact: A difference of 276.35 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1655

0.1037

JanuMarcMayJulySeptNove

ARS 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 0.1519, compared to 0.1208 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0311 points.

H1 Avg (Jan–Jun) 0.1519

H2 Avg (Jul–Dec) 0.1208

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 0.0114 MAD (High: 0.1593 / Low: 0.1479). On the other end, January was the most stable month, with a tight range of 0.0018 MAD (High: 0.1610 / Low: 0.1592).

April Spread (Volatile) ±0.0114

January Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0088 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.1603) against the same month in 2019 (average: 0.2551), the exchange rate shifted by -0.0948 (-37.16%).

2020 Avg (January) 0.1603

2019 Avg (January) 0.2551

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1610	0.1592	0.1603
February	0.1594	0.1545	0.1579
March	0.1571	0.1509	0.1534
April	0.1593	0.1479	0.1546
May	0.1494	0.1431	0.1459
June	0.1426	0.1375	0.1393
July	0.1378	0.1288	0.1339
August	0.1291	0.1234	0.1261
September	0.1240	0.1214	0.1227
October	0.1213	0.1169	0.1188
November	0.1177	0.1117	0.1144
December	0.1130	0.1058	0.1088