2020 BRL to MAD Historical Review

YEARLY HIGH

2.3918 MAD

YEARLY LOW

1.5975 MAD

YEARLY AVERAGE

1.8613 MAD

2020 BRL to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BRL to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.3918. Conversely, the yearly low was recorded on October 29, dropping to 1.5975.

This high-to-low spread represents a total annual volatility of 0.7942 MAD. From a start-to-finish perspective, comparing the January average rate of 2.3202 to the December average rate of 1.7458, the exchange rate registered a net change of -24.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.3918 was down 8.58% compared to the 2019 peak of 2.6163, 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 59,795 MAD

2019 Average 61,016 MAD

Yearly Trough Low 39,939 MAD

Transaction Impact: A difference of 19,855.90 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.3887

1.5671

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 2.0104, compared to 1.7123 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2981 points.

H1 Avg (Jan–Jun) 2.0104

H2 Avg (Jul–Dec) 1.7123

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.2454 MAD (High: 2.1429 / Low: 1.8975). On the other end, October was the most stable month, with a tight range of 0.0671 MAD (High: 1.6646 / Low: 1.5975).

March Spread (Volatile) ±0.2454

October Spread (Stable) ±0.0671

Growth Streaks & Declines

Trends

Between October and December, 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 February and March, when the average rate fell by 0.2422 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2422

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 2.3202) against the same month in 2019 (average: 2.5494), the exchange rate shifted by -0.2292 (-8.99%).

2020 Avg (January) 2.3202

2019 Avg (January) 2.5494

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3918	2.2408	2.3202
February	2.2753	2.1456	2.2264
March	2.1429	1.8975	1.9843
April	2.0028	1.7607	1.9081
May	1.8666	1.6713	1.7572
June	2.0061	1.7706	1.8659
July	1.8459	1.7775	1.8053
August	1.7845	1.6364	1.6959
September	1.7652	1.6401	1.7089
October	1.6646	1.5975	1.6355
November	1.7197	1.5994	1.6821
December	1.8183	1.7015	1.7458