2020 BIF to MAD Historical Review

YEARLY HIGH

0.0055 MAD

YEARLY LOW

0.0046 MAD

YEARLY AVERAGE

0.0050 MAD

2020 BIF to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BIF to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 6, valuing the pair at 0.0055. Conversely, the yearly low was recorded on December 19, dropping to 0.0046.

This high-to-low spread represents a total annual volatility of 0.0009 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0051 to the December average rate of 0.0046, the exchange rate registered a net change of -9.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0055 was up 1.84% compared to the 2019 peak of 0.0054, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 27 MAD

2019 Average 26 MAD

Yearly Trough Low 23 MAD

Transaction Impact: A difference of 4.42 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0054

0.0046

JanuMarcMayJulySeptNove

BIF 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 0.0052, compared to 0.0048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0052

H2 Avg (Jul–Dec) 0.0048

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0003 MAD (High: 0.0053 / Low: 0.0050). On the other end, January was the most stable month, with a tight range of 0.0000 MAD (High: 0.0051 / Low: 0.0051).

March Spread (Volatile) ±0.0003

January Spread (Stable) ±0.0000

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 July and August, when the average rate fell by 0.0002 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.0053) against the same month in 2019 (average: 0.0053), the exchange rate shifted by +0.0001 (+1.60%).

2020 Avg (April) 0.0053

2019 Avg (April) 0.0053

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0051	0.0051	0.0051
February	0.0052	0.0051	0.0051
March	0.0053	0.0050	0.0051
April	0.0055	0.0052	0.0053
May	0.0052	0.0051	0.0052
June	0.0051	0.0051	0.0051
July	0.0051	0.0048	0.0050
August	0.0049	0.0047	0.0048
September	0.0048	0.0047	0.0048
October	0.0048	0.0047	0.0048
November	0.0048	0.0047	0.0047
December	0.0048	0.0046	0.0046