2018 DJF to MAD Historical Review

YEARLY HIGH

0.0540 MAD

YEARLY LOW

0.0511 MAD

YEARLY AVERAGE

0.0528 MAD

2018 DJF to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the DJF to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.0540. Conversely, the yearly low was recorded on February 1, dropping to 0.0511.

This high-to-low spread represents a total annual volatility of 0.0029 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0518 to the December average rate of 0.0536, the exchange rate registered a net change of 3.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0540 was down 5.86% compared to the 2017 peak of 0.0573, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 270 MAD

2017 Average 271 MAD

Yearly Trough Low 255 MAD

Transaction Impact: A difference of 14.51 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0538

0.0516

JanuMarcMayJulySeptNove

DJF 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 0.0523, compared to 0.0533 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0523

H2 Avg (Jul–Dec) 0.0533

Volatility Range Comparison

Volatility

The most volatile month in 2018 was February, with a trading range of 0.0013 MAD (High: 0.0523 / Low: 0.0511). On the other end, July was the most stable month, with a tight range of 0.0004 MAD (High: 0.0534 / Low: 0.0530).

February Spread (Volatile) ±0.0013

July Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.0536) against the same month in 2017 (average: 0.0527), the exchange rate shifted by +0.0009 (+1.65%).

2018 Avg (December) 0.0536

2017 Avg (December) 0.0527

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0524	0.0512	0.0518
February	0.0523	0.0511	0.0518
March	0.0521	0.0516	0.0519
April	0.0525	0.0518	0.0521
May	0.0537	0.0526	0.0530
June	0.0537	0.0530	0.0533
July	0.0534	0.0530	0.0531
August	0.0538	0.0527	0.0533
September	0.0531	0.0525	0.0528
October	0.0538	0.0529	0.0533
November	0.0539	0.0531	0.0534
December	0.0540	0.0533	0.0536