2020 HTG to MAD Historical Review

YEARLY HIGH

0.1471 MAD

YEARLY LOW

0.0812 MAD

YEARLY AVERAGE

0.1048 MAD

2020 HTG to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HTG to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 0.1471. Conversely, the yearly low was recorded on September 5, dropping to 0.0812.

This high-to-low spread represents a total annual volatility of 0.0658 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0978 to the December average rate of 0.1286, the exchange rate registered a net change of 31.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1471 was up 17.92% compared to the 2019 peak of 0.1247, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 735 MAD

2019 Average 535 MAD

Yearly Trough Low 406 MAD

Transaction Impact: A difference of 329.22 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1514

0.0762

JanuMarcMayJulySeptNove

HTG 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 0.0979, compared to 0.1118 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0139 points.

H1 Avg (Jan–Jun) 0.0979

H2 Avg (Jul–Dec) 0.1118

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0153 MAD (High: 0.1377 / Low: 0.1224). On the other end, August was the most stable month, with a tight range of 0.0029 MAD (High: 0.0844 / Low: 0.0816).

December Spread (Volatile) ±0.0153

August Spread (Stable) ±0.0029

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 November and December, when the average rate fell by 0.0137 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0137

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 0.1451) against the same month in 2019 (average: 0.1005), the exchange rate shifted by +0.0446 (+44.41%).

2020 Avg (October) 0.1451

2019 Avg (October) 0.1005

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1012	0.0966	0.0978
February	0.1086	0.0961	0.0992
March	0.1086	0.1001	0.1028
April	0.1085	0.1011	0.1051
May	0.0941	0.0910	0.0926
June	0.0912	0.0883	0.0896
July	0.0888	0.0839	0.0867
August	0.0844	0.0816	0.0825
September	0.0880	0.0812	0.0854
October	0.1471	0.1373	0.1451
November	0.1462	0.1373	0.1423
December	0.1377	0.1224	0.1286