2018 BND to MAD Historical Review

YEARLY HIGH

7.1352 MAD

YEARLY LOW

6.0152 MAD

YEARLY AVERAGE

6.6899 MAD

2018 BND to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BND to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 7.1352. Conversely, the yearly low was recorded on December 9, dropping to 6.0152.

This high-to-low spread represents a total annual volatility of 1.1200 MAD. From a start-to-finish perspective, comparing the January average rate of 7.0006 to the December average rate of 6.0805, the exchange rate registered a net change of -13.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 7.1352 was down 1.26% compared to the 2017 peak of 7.2265, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 35,676 MAD

2017 Average 35,142 MAD

Yearly Trough Low 30,076 MAD

Transaction Impact: A difference of 5,600.05 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

7.0926

5.9885

JanuMarcMayJulySeptNove

BND 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 6.9249, compared to 6.4550 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4699 points.

H1 Avg (Jan–Jun) 6.9249

H2 Avg (Jul–Dec) 6.4550

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.9228 MAD (High: 6.9415 / Low: 6.0187). On the other end, February was the most stable month, with a tight range of 0.0728 MAD (High: 7.0014 / Low: 6.9285).

November Spread (Volatile) ±0.9228

February Spread (Stable) ±0.0728

Growth Streaks & Declines

Trends

Between February and April, 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 November and December, when the average rate fell by 0.4846 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4846

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 6.6332) against the same month in 2017 (average: 7.0466), the exchange rate shifted by -0.4134 (-5.87%).

2018 Avg (June) 6.6332

2017 Avg (June) 7.0466

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	7.0380	6.9615	7.0006
February	7.0014	6.9285	6.9630
March	7.0277	6.9506	6.9821
April	7.0308	6.9435	6.9969
May	7.1063	6.4108	6.9737
June	7.1352	6.2459	6.6332
July	7.0322	6.2360	6.6820
August	6.9213	6.2088	6.2984
September	6.8611	6.1860	6.3699
October	6.9105	6.6835	6.7342
November	6.9415	6.0187	6.5651
December	6.9120	6.0152	6.0805