2020 BWP to MAD Historical Review

YEARLY HIGH

0.9064 MAD

YEARLY LOW

0.7842 MAD

YEARLY AVERAGE

0.8304 MAD

2020 BWP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BWP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.9064. Conversely, the yearly low was recorded on August 10, dropping to 0.7842.

This high-to-low spread represents a total annual volatility of 0.1222 MAD. From a start-to-finish perspective, comparing the January average rate of 0.8959 to the December average rate of 0.8246, the exchange rate registered a net change of -7.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.9064 was down 1.95% compared to the 2019 peak of 0.9245, 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 4,532 MAD

2019 Average 4,471 MAD

Yearly Trough Low 3,921 MAD

Transaction Impact: A difference of 611.17 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.9062

0.7831

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 0.8497, compared to 0.8111 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0387 points.

H1 Avg (Jan–Jun) 0.8497

H2 Avg (Jul–Dec) 0.8111

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 0.0468 MAD (High: 0.8569 / Low: 0.8101). On the other end, October was the most stable month, with a tight range of 0.0114 MAD (High: 0.8099 / Low: 0.7984).

April Spread (Volatile) ±0.0468

October Spread (Stable) ±0.0114

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0347 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0347

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.8959) against the same month in 2019 (average: 0.9046), the exchange rate shifted by -0.0086 (-0.96%).

2020 Avg (January) 0.8959

2019 Avg (January) 0.9046

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9064	0.8791	0.8959
February	0.8871	0.8667	0.8801
March	0.8688	0.8244	0.8454
April	0.8569	0.8101	0.8330
May	0.8338	0.8063	0.8169
June	0.8385	0.8188	0.8270
July	0.8332	0.8077	0.8245
August	0.8077	0.7842	0.7934
September	0.8170	0.7947	0.8015
October	0.8099	0.7984	0.8037
November	0.8245	0.8088	0.8187
December	0.8512	0.8149	0.8246