2019 GMD to MAD Historical Review

YEARLY HIGH

0.1962 MAD

YEARLY LOW

0.1866 MAD

YEARLY AVERAGE

0.1920 MAD

2019 GMD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GMD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.1962. Conversely, the yearly low was recorded on December 31, dropping to 0.1866.

This high-to-low spread represents a total annual volatility of 0.0096 MAD. From a start-to-finish perspective, comparing the January average rate of 0.1926 to the December average rate of 0.1874, the exchange rate registered a net change of -2.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1962 was down 3.26% compared to the 2018 peak of 0.2029, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 981 MAD

2018 Average 976 MAD

Yearly Trough Low 933 MAD

Transaction Impact: A difference of 48.16 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1957

0.1867

JanuMarcMayJulySeptNove

GMD 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 0.1937, compared to 0.1903 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.1937

H2 Avg (Jul–Dec) 0.1903

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0048 MAD (High: 0.1962 / Low: 0.1915). On the other end, February was the most stable month, with a tight range of 0.0013 MAD (High: 0.1930 / Low: 0.1917).

June Spread (Volatile) ±0.0048

February Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between February and May, 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 September and October, 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 (June 2019: 0.1938) against the same month in 2018 (average: 0.2012), the exchange rate shifted by -0.0074 (-3.70%).

2019 Avg (June) 0.1938

2018 Avg (June) 0.2012

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1949	0.1906	0.1926
February	0.1930	0.1917	0.1926
March	0.1949	0.1926	0.1937
April	0.1950	0.1936	0.1944
May	0.1956	0.1941	0.1949
June	0.1962	0.1915	0.1938
July	0.1936	0.1914	0.1923
August	0.1930	0.1892	0.1912
September	0.1941	0.1898	0.1921
October	0.1924	0.1878	0.1903
November	0.1897	0.1876	0.1885
December	0.1886	0.1866	0.1874