YEARLY HIGH
0.0157 MAD
YEARLY LOW
0.0135 MAD
YEARLY AVERAGE
0.0147 MAD

2018 CLP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CLP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.0157. Conversely, the yearly low was recorded on September 11, dropping to 0.0135.

This high-to-low spread represents a total annual volatility of 0.0021 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0153 to the December average rate of 0.0139, the exchange rate registered a net change of -8.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0157 was down 0.74% compared to the 2017 peak of 0.0158, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 15,666 MAD
2017 Average 14,960 MAD
Yearly Trough Low 13,538 MAD
Transaction Impact: A difference of 2,128.12 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0156
0.0137
JanuMarcMayJulySeptNove

CLP 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 0.0152, compared to 0.0141 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0152
H2 Avg (Jul–Dec) 0.0141

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0009 MAD (High: 0.0147 / Low: 0.0138). On the other end, April was the most stable month, with a tight range of 0.0003 MAD (High: 0.0154 / Low: 0.0152).

August Spread (Volatile) ±0.0009
April Spread (Stable) ±0.0003

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 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.0154) against the same month in 2017 (average: 0.0156), the exchange rate shifted by -0.0002 (-1.57%).

2018 Avg (February) 0.0154
2017 Avg (February) 0.0156

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0155 0.0151 0.0153
February 0.0157 0.0151 0.0154
March 0.0155 0.0150 0.0152
April 0.0154 0.0152 0.0153
May 0.0153 0.0148 0.0150
June 0.0151 0.0145 0.0149
July 0.0148 0.0143 0.0145
August 0.0147 0.0138 0.0144
September 0.0143 0.0135 0.0139
October 0.0144 0.0137 0.0140
November 0.0142 0.0138 0.0140
December 0.0142 0.0137 0.0139