2018 HKD to MAD Historical Review

YEARLY HIGH

1.2302 MAD

YEARLY LOW

1.1629 MAD

YEARLY AVERAGE

1.1976 MAD

2018 HKD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the HKD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 1.2302. Conversely, the yearly low was recorded on March 26, dropping to 1.1629.

This high-to-low spread represents a total annual volatility of 0.0673 MAD. From a start-to-finish perspective, comparing the January average rate of 1.1833 to the December average rate of 1.2195, the exchange rate registered a net change of 3.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.2302 was down 6.38% compared to the 2017 peak of 1.3141, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 30,755 MAD

2017 Average 31,136 MAD

Yearly Trough Low 29,073 MAD

Transaction Impact: A difference of 1,681.53 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.2243

1.1665

JanuMarcMayJulySeptNove

HKD 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 1.1856, compared to 1.2096 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0240 points.

H1 Avg (Jan–Jun) 1.1856

H2 Avg (Jul–Dec) 1.2096

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0326 MAD (High: 1.2193 / Low: 1.1867). On the other end, July was the most stable month, with a tight range of 0.0099 MAD (High: 1.2107 / Low: 1.2009).

May Spread (Volatile) ±0.0326

July Spread (Stable) ±0.0099

Growth Streaks & Declines

Trends

Between March and June, 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 January and February, when the average rate fell by 0.0083 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0083

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 1.2195) against the same month in 2017 (average: 1.2060), the exchange rate shifted by +0.0135 (+1.12%).

2018 Avg (December) 1.2195

2017 Avg (December) 1.2060

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1993	1.1694	1.1833
February	1.1838	1.1658	1.1751
March	1.1785	1.1629	1.1713
April	1.1839	1.1670	1.1738
May	1.2193	1.1867	1.2002
June	1.2173	1.2015	1.2101
July	1.2107	1.2009	1.2051
August	1.2200	1.1953	1.2080
September	1.2045	1.1927	1.2002
October	1.2201	1.2031	1.2100
November	1.2238	1.2074	1.2150
December	1.2302	1.2128	1.2195