2018 CHF to MAD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 CHF to MAD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the CHF to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 9.8850. Conversely, the yearly low was recorded on May 5, dropping to 9.3384.
This high-to-low spread represents a total annual volatility of 0.5467 MAD. From a start-to-finish perspective, comparing the January average rate of 9.6311 to the December average rate of 9.6133, the exchange rate registered a net change of -0.18% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 9.8850 was down 2.80% compared to the 2017 peak of 10.1696, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CHF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
CHF to MAD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 9.6179, compared to 9.5786 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0394 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was May, with a trading range of 0.3174 MAD (High: 9.6558 / Low: 9.3384). On the other end, June was the most stable month, with a tight range of 0.0699 MAD (High: 9.6237 / Low: 9.5539).
Growth Streaks & Declines
TrendsBetween July and September, 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 March and April, when the average rate fell by 0.1785 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2018: 9.8366) against the same month in 2017 (average: 10.0447), the exchange rate shifted by -0.2082 (-2.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.8309 | 9.5333 | 9.6311 |
| February | 9.8850 | 9.7931 | 9.8366 |
| March | 9.8161 | 9.6220 | 9.6898 |
| April | 9.6467 | 9.3794 | 9.5113 |
| May | 9.6558 | 9.3384 | 9.4473 |
| June | 9.6237 | 9.5539 | 9.5915 |
| July | 9.5754 | 9.4451 | 9.5116 |
| August | 9.7464 | 9.4853 | 9.5897 |
| September | 9.7630 | 9.5914 | 9.7113 |
| October | 9.6064 | 9.4923 | 9.5407 |
| November | 9.5607 | 9.4578 | 9.5048 |
| December | 9.7059 | 9.5250 | 9.6133 |