2018 BMD to MAD Historical Review

YEARLY HIGH

9.6113 MAD

YEARLY LOW

9.1160 MAD

YEARLY AVERAGE

9.3865 MAD

2018 BMD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BMD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 9.6113. Conversely, the yearly low was recorded on February 1, dropping to 9.1160.

This high-to-low spread represents a total annual volatility of 0.4953 MAD. From a start-to-finish perspective, comparing the January average rate of 9.2527 to the December average rate of 9.5387, the exchange rate registered a net change of 3.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 9.6113 was down 5.70% compared to the 2017 peak of 10.1925, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 48,056 MAD

2017 Average 48,521 MAD

Yearly Trough Low 45,580 MAD

Transaction Impact: A difference of 2,476.25 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

9.5741

9.1488

JanuMarcMayJulySeptNove

BMD 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 9.2928, compared to 9.4802 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1874 points.

H1 Avg (Jan–Jun) 9.2928

H2 Avg (Jul–Dec) 9.4802

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.2516 MAD (High: 9.5664 / Low: 9.3147). On the other end, July was the most stable month, with a tight range of 0.0767 MAD (High: 9.4980 / Low: 9.4213).

May Spread (Volatile) ±0.2516

July Spread (Stable) ±0.0767

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0764 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0764

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 9.5387) against the same month in 2017 (average: 9.4221), the exchange rate shifted by +0.1166 (+1.24%).

2018 Avg (December) 9.5387

2017 Avg (December) 9.4221

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.3806	9.1425	9.2527
February	9.2622	9.1160	9.1908
March	9.2245	9.1250	9.1843
April	9.2921	9.1606	9.2126
May	9.5664	9.3147	9.4204
June	9.5541	9.4277	9.4958
July	9.4980	9.4213	9.4578
August	9.5765	9.3811	9.4828
September	9.4549	9.3462	9.4065
October	9.5692	9.4265	9.4837
November	9.5905	9.4564	9.5116
December	9.6113	9.4796	9.5387