2018 FKP to MAD Historical Review

YEARLY HIGH

13.1385 MAD

YEARLY LOW

11.8971 MAD

YEARLY AVERAGE

12.5286 MAD

2018 FKP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the FKP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 13.1385. Conversely, the yearly low was recorded on December 11, dropping to 11.8971.

This high-to-low spread represents a total annual volatility of 1.2414 MAD. From a start-to-finish perspective, comparing the January average rate of 12.7852 to the December average rate of 12.0842, the exchange rate registered a net change of -5.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 13.1385 was up 2.13% compared to the 2017 peak of 12.8644, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65,692 MAD

2017 Average 62,492 MAD

Yearly Trough Low 59,485 MAD

Transaction Impact: A difference of 6,207.11 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

13.0397

11.9973

JanuMarcMayJulySeptNove

FKP 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 12.7857, compared to 12.2716 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5141 points.

H1 Avg (Jan–Jun) 12.7857

H2 Avg (Jul–Dec) 12.2716

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.4217 MAD (High: 13.0301 / Low: 12.6084). On the other end, May was the most stable month, with a tight range of 0.1594 MAD (High: 12.7644 / Low: 12.6050).

January Spread (Volatile) ±0.4217

May Spread (Stable) ±0.1594

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.2693 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2693

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 12.9528) against the same month in 2017 (average: 12.6757), the exchange rate shifted by +0.2771 (+2.19%).

2018 Avg (April) 12.9528

2017 Avg (April) 12.6757

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.0301	12.6084	12.7852
February	13.0051	12.7398	12.8388
March	12.9922	12.6912	12.8303
April	13.1385	12.7685	12.9528
May	12.7644	12.6050	12.6836
June	12.6957	12.4865	12.6233
July	12.5399	12.3413	12.4611
August	12.4152	12.0896	12.2029
September	12.4136	12.1381	12.2661
October	12.4935	12.1524	12.3449
November	12.4573	12.1219	12.2703
December	12.1735	11.8971	12.0842