2019 CVE to MAD Historical Review

YEARLY HIGH

0.0997 MAD

YEARLY LOW

0.0951 MAD

YEARLY AVERAGE

0.0973 MAD

2019 CVE to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CVE to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0997. Conversely, the yearly low was recorded on August 24, dropping to 0.0951.

This high-to-low spread represents a total annual volatility of 0.0046 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0985 to the December average rate of 0.0965, the exchange rate registered a net change of -2.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0997 was down 3.65% compared to the 2018 peak of 0.1035, 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 498 MAD

2018 Average 501 MAD

Yearly Trough Low 475 MAD

Transaction Impact: A difference of 23.09 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0987

0.0961

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 0.0981, compared to 0.0966 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0981

H2 Avg (Jul–Dec) 0.0966

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0022 MAD (High: 0.0973 / Low: 0.0951). On the other end, April was the most stable month, with a tight range of 0.0010 MAD (High: 0.0983 / Low: 0.0973).

August Spread (Volatile) ±0.0022

April Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0009 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0985) against the same month in 2018 (average: 0.1019), the exchange rate shifted by -0.0034 (-3.38%).

2019 Avg (January) 0.0985

2018 Avg (January) 0.1019

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0997	0.0977	0.0985
February	0.0988	0.0971	0.0980
March	0.0989	0.0978	0.0983
April	0.0983	0.0973	0.0979
May	0.0985	0.0975	0.0978
June	0.0985	0.0969	0.0979
July	0.0986	0.0966	0.0974
August	0.0973	0.0951	0.0966
September	0.0972	0.0956	0.0965
October	0.0969	0.0958	0.0965
November	0.0968	0.0955	0.0964
December	0.0972	0.0956	0.0965