2018 BZD to MAD Historical Review

YEARLY HIGH

4.7698 MAD

YEARLY LOW

4.5368 MAD

YEARLY AVERAGE

4.6682 MAD

2018 BZD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BZD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 4.7698. Conversely, the yearly low was recorded on February 1, dropping to 4.5368.

This high-to-low spread represents a total annual volatility of 0.2330 MAD. From a start-to-finish perspective, comparing the January average rate of 4.6042 to the December average rate of 4.7317, the exchange rate registered a net change of 2.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 4.7698 was down 5.88% compared to the 2017 peak of 5.0678, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 23,849 MAD

2017 Average 24,127 MAD

Yearly Trough Low 22,684 MAD

Transaction Impact: A difference of 1,165.17 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

4.7478

4.5546

JanuMarcMayJulySeptNove

BZD 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 4.6234, compared to 4.7130 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0897 points.

H1 Avg (Jan–Jun) 4.6234

H2 Avg (Jul–Dec) 4.7130

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.1362 MAD (High: 4.7579 / Low: 4.6217). On the other end, July was the most stable month, with a tight range of 0.0376 MAD (High: 4.7258 / Low: 4.6882).

May Spread (Volatile) ±0.1362

July Spread (Stable) ±0.0376

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 0.0407 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0407

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 4.7317) against the same month in 2017 (average: 4.6867), the exchange rate shifted by +0.0450 (+0.96%).

2018 Avg (December) 4.7317

2017 Avg (December) 4.6867

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4.6703	4.5501	4.6042
February	4.6077	4.5368	4.5716
March	4.5895	4.5435	4.5707
April	4.6199	4.5589	4.5838
May	4.7579	4.6217	4.6864
June	4.7523	4.6877	4.7236
July	4.7258	4.6882	4.7056
August	4.7634	4.6640	4.7196
September	4.6994	4.6478	4.6790
October	4.7604	4.6897	4.7190
November	4.7598	4.6914	4.7234
December	4.7698	4.7026	4.7317