2020 DJF to MAD Historical Review

YEARLY HIGH

0.0579 MAD

YEARLY LOW

0.0499 MAD

YEARLY AVERAGE

0.0533 MAD

2020 DJF to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DJF to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 6, valuing the pair at 0.0579. Conversely, the yearly low was recorded on December 19, dropping to 0.0499.

This high-to-low spread represents a total annual volatility of 0.0080 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0540 to the December average rate of 0.0505, the exchange rate registered a net change of -6.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0579 was down 10.40% compared to the 2019 peak of 0.0646, 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 289 MAD

2019 Average 270 MAD

Yearly Trough Low 250 MAD

Transaction Impact: A difference of 39.77 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0576

0.0498

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 0.0549, compared to 0.0518 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.0549

H2 Avg (Jul–Dec) 0.0518

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0038 MAD (High: 0.0568 / Low: 0.0529). On the other end, January was the most stable month, with a tight range of 0.0004 MAD (High: 0.0542 / Low: 0.0538).

March Spread (Volatile) ±0.0038

January Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 0.0018 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.0569) against the same month in 2019 (average: 0.0541), the exchange rate shifted by +0.0028 (+5.15%).

2020 Avg (April) 0.0569

2019 Avg (April) 0.0541

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0542	0.0538	0.0540
February	0.0547	0.0539	0.0544
March	0.0568	0.0529	0.0544
April	0.0579	0.0555	0.0569
May	0.0557	0.0550	0.0553
June	0.0549	0.0541	0.0544
July	0.0545	0.0523	0.0537
August	0.0526	0.0514	0.0519
September	0.0522	0.0512	0.0518
October	0.0520	0.0514	0.0517
November	0.0519	0.0509	0.0513
December	0.0523	0.0499	0.0505