YEARLY HIGH
4.8388 MAD
YEARLY LOW
4.6831 MAD
YEARLY AVERAGE
4.7719 MAD

2019 BZD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BZD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 1, valuing the pair at 4.8388. Conversely, the yearly low was recorded on January 9, dropping to 4.6831.

This high-to-low spread represents a total annual volatility of 0.1557 MAD. From a start-to-finish perspective, comparing the January average rate of 4.7323 to the December average rate of 4.7744, the exchange rate registered a net change of 0.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 4.8388 was up 1.45% compared to the 2018 peak of 4.7698, 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 24,194 MAD
2018 Average 23,344 MAD
Yearly Trough Low 23,416 MAD
Transaction Impact: A difference of 778.51 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

4.8093
4.7253
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 4.7649, compared to 4.7790 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0141 points.

H1 Avg (Jan–Jun) 4.7649
H2 Avg (Jul–Dec) 4.7790

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.1115 MAD (High: 4.8314 / Low: 4.7199). On the other end, November was the most stable month, with a tight range of 0.0362 MAD (High: 4.8055 / Low: 4.7693).

June Spread (Volatile) ±0.1115
November Spread (Stable) ±0.0362

Growth Streaks & Declines

Trends

Between January and May, 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 May and June, when the average rate fell by 0.0332 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0332

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2019: 4.7838) against the same month in 2018 (average: 4.5838), the exchange rate shifted by +0.2000 (+4.36%).

2019 Avg (April) 4.7838
2018 Avg (April) 4.5838

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.7729 4.6831 4.7323
February 4.7514 4.7138 4.7330
March 4.8331 4.7438 4.7740
April 4.8388 4.7577 4.7838
May 4.8293 4.7801 4.7997
June 4.8314 4.7199 4.7665
July 4.7860 4.7393 4.7567
August 4.7911 4.7043 4.7590
September 4.8340 4.7505 4.8023
October 4.8357 4.7616 4.7925
November 4.8055 4.7693 4.7891
December 4.7985 4.7457 4.7744