2026 BGN to MAD Historical Review

YEARLY HIGH

5.6018 MAD

YEARLY LOW

5.4165 MAD

YEARLY AVERAGE

5.4985 MAD

2026 BGN to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the BGN to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 7, valuing the pair at 5.6018. Conversely, the yearly low was recorded on June 6, dropping to 5.4165.

This high-to-low spread represents a total annual volatility of 0.1853 MAD. From a start-to-finish perspective, comparing the January average rate of 5.4987 to the December average rate of 5.4908, the exchange rate registered a net change of -0.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2026 high of 5.6018 was up 1.41% compared to the 2025 peak of 5.5242, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 28,009 MAD

2025 Average 26,965 MAD

Yearly Trough Low 27,082 MAD

Transaction Impact: A difference of 926.55 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

5.5587

5.4503

JanuMarcMayJuly

BGN 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 5.5062, compared to 5.4754 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0308 points.

H1 Avg (Jan–Jun) 5.5062

H2 Avg (Jul–Dec) 5.4754

Volatility Range Comparison

Volatility

The most volatile month in 2026 was March, with a trading range of 0.1150 MAD (High: 5.5824 / Low: 5.4674). On the other end, August was the most stable month, with a tight range of 0.0000 MAD (High: 5.4908 / Low: 5.4908).

March Spread (Volatile) ±0.1150

August Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and August, 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 April and May, when the average rate fell by 0.0672 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0672

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2026: 5.5496) against the same month in 2025 (average: 5.3695), the exchange rate shifted by +0.1802 (+3.36%).

2026 Avg (April) 5.5496

2025 Avg (April) 5.3695

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5.5746	5.4667	5.4987
February	5.5603	5.5051	5.5313
March	5.5824	5.4674	5.5159
April	5.6018	5.5167	5.5496
May	5.5443	5.4645	5.4825
June	5.4900	5.4165	5.4593
July	5.5004	5.4458	5.4600
August	5.4908	5.4908	5.4908