2018 CVE to MAD Historical Review

YEARLY HIGH

0.1035 MAD

YEARLY LOW

0.0973 MAD

YEARLY AVERAGE

0.1002 MAD

2018 CVE to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CVE to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.1035. Conversely, the yearly low was recorded on November 15, dropping to 0.0973.

This high-to-low spread represents a total annual volatility of 0.0062 MAD. From a start-to-finish perspective, comparing the January average rate of 0.1019 to the December average rate of 0.0982, the exchange rate registered a net change of -3.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1035 was up 1.78% compared to the 2017 peak of 0.1017, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 517 MAD

2017 Average 495 MAD

Yearly Trough Low 486 MAD

Transaction Impact: A difference of 30.81 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1030

0.0974

JanuMarcMayJulySeptNove

CVE 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 0.1017, compared to 0.0988 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.1017

H2 Avg (Jul–Dec) 0.0988

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.0032 MAD (High: 0.1024 / Low: 0.0992). On the other end, March was the most stable month, with a tight range of 0.0012 MAD (High: 0.1029 / Low: 0.1017).

June Spread (Volatile) ±0.0032

March Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0013 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.1019) against the same month in 2017 (average: 0.0968), the exchange rate shifted by +0.0051 (+5.25%).

2018 Avg (January) 0.1019

2017 Avg (January) 0.0968

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1035	0.1010	0.1019
February	0.1032	0.1020	0.1025
March	0.1029	0.1017	0.1023
April	0.1028	0.1014	0.1021
May	0.1017	0.0997	0.1009
June	0.1024	0.0992	0.1002
July	0.1008	0.0994	0.1000
August	0.1000	0.0980	0.0990
September	0.0998	0.0983	0.0992
October	0.0996	0.0977	0.0985
November	0.0985	0.0973	0.0979
December	0.0990	0.0974	0.0982