2020 HKD to MAD Historical Review

YEARLY HIGH

1.3288 MAD

YEARLY LOW

1.1461 MAD

YEARLY AVERAGE

1.2243 MAD

2020 HKD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HKD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 6, valuing the pair at 1.3288. Conversely, the yearly low was recorded on December 19, dropping to 1.1461.

This high-to-low spread represents a total annual volatility of 0.1827 MAD. From a start-to-finish perspective, comparing the January average rate of 1.2360 to the December average rate of 1.1587, the exchange rate registered a net change of -6.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.3288 was up 6.68% compared to the 2019 peak of 1.2456, 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 33,221 MAD

2019 Average 30,682 MAD

Yearly Trough Low 28,653 MAD

Transaction Impact: A difference of 4,568.39 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.3222

1.1438

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 1.2590, compared to 1.1897 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0693 points.

H1 Avg (Jan–Jun) 1.2590

H2 Avg (Jul–Dec) 1.1897

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0909 MAD (High: 1.3036 / Low: 1.2127). On the other end, January was the most stable month, with a tight range of 0.0097 MAD (High: 1.2411 / Low: 1.2314).

March Spread (Volatile) ±0.0909

January Spread (Stable) ±0.0097

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 July and August, when the average rate fell by 0.0410 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0410

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 1.3073) against the same month in 2019 (average: 1.2285), the exchange rate shifted by +0.0788 (+6.42%).

2020 Avg (April) 1.3073

2019 Avg (April) 1.2285

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2411	1.2314	1.2360
February	1.2529	1.2312	1.2445
March	1.3036	1.2127	1.2470
April	1.3288	1.2751	1.3073
May	1.2784	1.2618	1.2703
June	1.2616	1.2421	1.2489
July	1.2537	1.2025	1.2322
August	1.2066	1.1805	1.1913
September	1.1991	1.1764	1.1899
October	1.1949	1.1806	1.1878
November	1.1926	1.1696	1.1780
December	1.2004	1.1461	1.1587