2020 CVE to MAD Historical Review

YEARLY HIGH

0.1020 MAD

YEARLY LOW

0.0376 MAD

YEARLY AVERAGE

0.0976 MAD

2020 CVE to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.1020. Conversely, the yearly low was recorded on March 18, dropping to 0.0376.

This high-to-low spread represents a total annual volatility of 0.0644 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0964 to the December average rate of 0.0988, the exchange rate registered a net change of 2.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1020 was up 2.36% compared to the 2019 peak of 0.0997, 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 510 MAD

2019 Average 487 MAD

Yearly Trough Low 188 MAD

Transaction Impact: A difference of 322.03 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1000

0.0942

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 0.0969, compared to 0.0983 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0969

H2 Avg (Jul–Dec) 0.0983

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0628 MAD (High: 0.1004 / Low: 0.0376). On the other end, October was the most stable month, with a tight range of 0.0012 MAD (High: 0.0985 / Low: 0.0973).

March Spread (Volatile) ±0.0628

October Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0023 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0988) against the same month in 2019 (average: 0.0965), the exchange rate shifted by +0.0023 (+2.40%).

2020 Avg (December) 0.0988

2019 Avg (December) 0.0965

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0975	0.0958	0.0964
February	0.0960	0.0947	0.0954
March	0.1004	0.0376	0.0947
April	0.1013	0.0972	0.0995
May	0.0984	0.0961	0.0972
June	0.0990	0.0976	0.0984
July	0.0994	0.0933	0.0986
August	0.0996	0.0982	0.0989
September	0.0992	0.0976	0.0983
October	0.0985	0.0973	0.0978
November	0.0985	0.0969	0.0976
December	0.1020	0.0977	0.0988