2019 HKD to MAD Historical Review

YEARLY HIGH

1.2456 MAD

YEARLY LOW

1.2048 MAD

YEARLY AVERAGE

1.2272 MAD

2019 HKD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the HKD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 1.2456. Conversely, the yearly low was recorded on January 9, dropping to 1.2048.

This high-to-low spread represents a total annual volatility of 0.0408 MAD. From a start-to-finish perspective, comparing the January average rate of 1.2157 to the December average rate of 1.2328, the exchange rate registered a net change of 1.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.2456 was up 1.25% compared to the 2018 peak of 1.2302, 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 31,140 MAD

2018 Average 29,945 MAD

Yearly Trough Low 30,121 MAD

Transaction Impact: A difference of 1,019.43 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.2370

1.2137

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 1.2241, compared to 1.2303 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0062 points.

H1 Avg (Jan–Jun) 1.2241

H2 Avg (Jul–Dec) 1.2303

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0237 MAD (High: 1.2285 / Low: 1.2048). On the other end, February was the most stable month, with a tight range of 0.0080 MAD (High: 1.2184 / Low: 1.2104).

January Spread (Volatile) ±0.0237

February Spread (Stable) ±0.0080

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 May and June, when the average rate fell by 0.0052 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 1.2350) against the same month in 2018 (average: 1.2002), the exchange rate shifted by +0.0349 (+2.91%).

2019 Avg (September) 1.2350

2018 Avg (September) 1.2002

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2285	1.2048	1.2157
February	1.2184	1.2104	1.2156
March	1.2313	1.2180	1.2246
April	1.2333	1.2226	1.2285
May	1.2401	1.2276	1.2326
June	1.2389	1.2174	1.2274
July	1.2326	1.2207	1.2276
August	1.2323	1.2089	1.2226
September	1.2456	1.2220	1.2350
October	1.2392	1.2238	1.2311
November	1.2373	1.2266	1.2328
December	1.2382	1.2280	1.2328