2019 FKP to MAD Historical Review

YEARLY HIGH

12.9428 MAD

YEARLY LOW

11.4830 MAD

YEARLY AVERAGE

12.2820 MAD

2019 FKP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the FKP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 12.9428. Conversely, the yearly low was recorded on August 11, dropping to 11.4830.

This high-to-low spread represents a total annual volatility of 1.4598 MAD. From a start-to-finish perspective, comparing the January average rate of 12.3013 to the December average rate of 12.6161, the exchange rate registered a net change of 2.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 12.9428 was down 1.49% compared to the 2018 peak of 13.1385, 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 64,714 MAD

2018 Average 62,630 MAD

Yearly Trough Low 57,415 MAD

Transaction Impact: A difference of 7,298.99 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

12.7607

11.5508

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 12.4232, compared to 12.1408 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2824 points.

H1 Avg (Jan–Jun) 12.4232

H2 Avg (Jul–Dec) 12.1408

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 0.6199 MAD (High: 12.4612 / Low: 11.8412). On the other end, November was the most stable month, with a tight range of 0.1340 MAD (High: 12.4938 / Low: 12.3598).

October Spread (Volatile) ±0.6199

November Spread (Stable) ±0.1340

Growth Streaks & Declines

Trends

Between August and December, 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 July and August, when the average rate fell by 0.3086 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.3086

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 12.6161) against the same month in 2018 (average: 12.0842), the exchange rate shifted by +0.5319 (+4.40%).

2019 Avg (December) 12.6161

2018 Avg (December) 12.0842

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.6161	12.0375	12.3013
February	12.7294	12.2218	12.4099
March	12.7619	12.5079	12.6599
April	12.7123	12.4425	12.5503
May	12.7333	12.2690	12.4373
June	12.2752	12.0898	12.1806
July	12.1659	11.6617	11.9602
August	11.7853	11.4830	11.6516
September	12.1289	11.6644	11.9586
October	12.4612	11.8412	12.2252
November	12.4938	12.3598	12.4328
December	12.9428	12.4645	12.6161