2018 BOB to MAD Historical Review

YEARLY HIGH

1.3914 MAD

YEARLY LOW

1.3194 MAD

YEARLY AVERAGE

1.3584 MAD

2018 BOB to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BOB to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 1.3914. Conversely, the yearly low was recorded on February 1, dropping to 1.3194.

This high-to-low spread represents a total annual volatility of 0.0721 MAD. From a start-to-finish perspective, comparing the January average rate of 1.3387 to the December average rate of 1.3801, the exchange rate registered a net change of 3.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.3914 was down 5.50% compared to the 2017 peak of 1.4724, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,957 MAD

2017 Average 6,994 MAD

Yearly Trough Low 6,597 MAD

Transaction Impact: A difference of 360.31 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.3853

1.3238

JanuMarcMayJulySeptNove

BOB 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 1.3446, compared to 1.3722 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0276 points.

H1 Avg (Jan–Jun) 1.3446

H2 Avg (Jul–Dec) 1.3722

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0389 MAD (High: 1.3840 / Low: 1.3451). On the other end, July was the most stable month, with a tight range of 0.0135 MAD (High: 1.3772 / Low: 1.3637).

May Spread (Volatile) ±0.0389

July Spread (Stable) ±0.0135

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 0.0127 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0127

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 1.3801) against the same month in 2017 (average: 1.3630), the exchange rate shifted by +0.0172 (+1.26%).

2018 Avg (December) 1.3801

2017 Avg (December) 1.3630

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3598	1.3231	1.3387
February	1.3404	1.3194	1.3299
March	1.3350	1.3207	1.3289
April	1.3437	1.3253	1.3334
May	1.3840	1.3451	1.3631
June	1.3824	1.3635	1.3738
July	1.3772	1.3637	1.3700
August	1.3859	1.3589	1.3730
September	1.3668	1.3520	1.3603
October	1.3839	1.3639	1.3726
November	1.3885	1.3720	1.3775
December	1.3914	1.3701	1.3801