2018 BWP to MAD Historical Review

YEARLY HIGH

0.9759 MAD

YEARLY LOW

0.8533 MAD

YEARLY AVERAGE

0.9221 MAD

2018 BWP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BWP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 27, valuing the pair at 0.9759. Conversely, the yearly low was recorded on September 5, dropping to 0.8533.

This high-to-low spread represents a total annual volatility of 0.1226 MAD. From a start-to-finish perspective, comparing the January average rate of 0.9496 to the December average rate of 0.8919, the exchange rate registered a net change of -6.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.9759 was down 0.97% compared to the 2017 peak of 0.9855, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,880 MAD

2017 Average 4,691 MAD

Yearly Trough Low 4,267 MAD

Transaction Impact: A difference of 613.14 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.9706

0.8631

JanuMarcMayJulySeptNove

BWP 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 0.9506, compared to 0.8937 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0569 points.

H1 Avg (Jan–Jun) 0.9506

H2 Avg (Jul–Dec) 0.8937

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0469 MAD (High: 0.9226 / Low: 0.8758). On the other end, March was the most stable month, with a tight range of 0.0168 MAD (High: 0.9696 / Low: 0.9529).

August Spread (Volatile) ±0.0469

March Spread (Stable) ±0.0168

Growth Streaks & Declines

Trends

Between September and November, 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 August and September, when the average rate fell by 0.0251 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0251

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.9617) against the same month in 2017 (average: 0.9627), the exchange rate shifted by -0.0010 (-0.10%).

2018 Avg (February) 0.9617

2017 Avg (February) 0.9627

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9603	0.9406	0.9496
February	0.9759	0.9495	0.9617
March	0.9696	0.9529	0.9601
April	0.9638	0.9435	0.9535
May	0.9612	0.9403	0.9495
June	0.9513	0.9090	0.9290
July	0.9266	0.9090	0.9178
August	0.9226	0.8758	0.8971
September	0.8903	0.8533	0.8721
October	0.8952	0.8761	0.8888
November	0.9044	0.8835	0.8943
December	0.9092	0.8841	0.8919