2018 BRL to MAD Historical Review

YEARLY HIGH

2.9120 MAD

YEARLY LOW

2.2305 MAD

YEARLY AVERAGE

2.5849 MAD

2018 BRL to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BRL to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 2.9120. Conversely, the yearly low was recorded on September 13, dropping to 2.2305.

This high-to-low spread represents a total annual volatility of 0.6815 MAD. From a start-to-finish perspective, comparing the January average rate of 2.8844 to the December average rate of 2.4518, the exchange rate registered a net change of -15.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.9120 was down 11.79% compared to the 2017 peak of 3.3013, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 72,801 MAD

2017 Average 76,041 MAD

Yearly Trough Low 55,764 MAD

Transaction Impact: A difference of 17,037.64 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.9432

2.2368

JanuMarcMayJulySeptNove

BRL 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 2.7215, compared to 2.4482 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2734 points.

H1 Avg (Jan–Jun) 2.7215

H2 Avg (Jul–Dec) 2.4482

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.2912 MAD (High: 2.5592 / Low: 2.2679). On the other end, December was the most stable month, with a tight range of 0.0499 MAD (High: 2.4757 / Low: 2.4258).

August Spread (Volatile) ±0.2912

December Spread (Stable) ±0.0499

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.1259 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1259

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 2.8844) against the same month in 2017 (average: 3.1479), the exchange rate shifted by -0.2635 (-8.37%).

2018 Avg (January) 2.8844

2017 Avg (January) 3.1479

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9120	2.8174	2.8844
February	2.8786	2.7876	2.8301
March	2.8528	2.7514	2.8009
April	2.7832	2.6494	2.7042
May	2.6556	2.5225	2.5948
June	2.5560	2.4185	2.5148
July	2.5547	2.4068	2.4771
August	2.5592	2.2679	2.4216
September	2.3444	2.2305	2.2957
October	2.6147	2.3490	2.5244
November	2.5781	2.4148	2.5186
December	2.4757	2.4258	2.4518