2020 GMD to MAD Historical Review

YEARLY HIGH

0.2024 MAD

YEARLY LOW

0.1717 MAD

YEARLY AVERAGE

0.1845 MAD

2020 GMD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GMD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 6, valuing the pair at 0.2024. Conversely, the yearly low was recorded on December 19, dropping to 0.1717.

This high-to-low spread represents a total annual volatility of 0.0307 MAD. From a start-to-finish perspective, comparing the January average rate of 0.1877 to the December average rate of 0.1735, the exchange rate registered a net change of -7.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2024 was up 3.12% compared to the 2019 peak of 0.1962, 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 1,012 MAD

2019 Average 960 MAD

Yearly Trough Low 858 MAD

Transaction Impact: A difference of 153.42 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2012

0.1710

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 0.1909, compared to 0.1781 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0128 points.

H1 Avg (Jan–Jun) 0.1909

H2 Avg (Jul–Dec) 0.1781

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0133 MAD (High: 0.1983 / Low: 0.1850). On the other end, January was the most stable month, with a tight range of 0.0018 MAD (High: 0.1888 / Low: 0.1870).

March Spread (Volatile) ±0.0133

January Spread (Stable) ±0.0018

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 April and May, when the average rate fell by 0.0069 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.1987) against the same month in 2019 (average: 0.1944), the exchange rate shifted by +0.0043 (+2.23%).

2020 Avg (April) 0.1987

2019 Avg (April) 0.1944

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1888	0.1870	0.1877
February	0.1915	0.1878	0.1896
March	0.1983	0.1850	0.1901
April	0.2024	0.1935	0.1987
May	0.1939	0.1899	0.1918
June	0.1899	0.1864	0.1876
July	0.1883	0.1799	0.1846
August	0.1805	0.1766	0.1782
September	0.1796	0.1760	0.1782
October	0.1790	0.1768	0.1779
November	0.1786	0.1752	0.1764
December	0.1798	0.1717	0.1735