YEARLY HIGH
0.0326 MAD
YEARLY LOW
0.0293 MAD
YEARLY AVERAGE
0.0308 MAD

2020 HUF to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HUF to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0326. Conversely, the yearly low was recorded on March 19, dropping to 0.0293.

This high-to-low spread represents a total annual volatility of 0.0033 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0319 to the December average rate of 0.0305, the exchange rate registered a net change of -4.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0326 was down 6.49% compared to the 2019 peak of 0.0349, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 32,594 MAD
2019 Average 33,108 MAD
Yearly Trough Low 29,286 MAD
Transaction Impact: A difference of 3,308.42 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0321
0.0297
JanuMarcMayJulySeptNove

HUF 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 0.0312, compared to 0.0305 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0312
H2 Avg (Jul–Dec) 0.0305

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0029 MAD (High: 0.0322 / Low: 0.0293). On the other end, February was the most stable month, with a tight range of 0.0007 MAD (High: 0.0316 / Low: 0.0310).

March Spread (Volatile) ±0.0029
February Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0012 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0319) against the same month in 2019 (average: 0.0341), the exchange rate shifted by -0.0021 (-6.24%).

2020 Avg (January) 0.0319
2019 Avg (January) 0.0341

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0326 0.0315 0.0319
February 0.0316 0.0310 0.0313
March 0.0322 0.0293 0.0310
April 0.0318 0.0301 0.0309
May 0.0314 0.0301 0.0306
June 0.0319 0.0306 0.0313
July 0.0321 0.0307 0.0312
August 0.0319 0.0306 0.0313
September 0.0305 0.0296 0.0302
October 0.0305 0.0293 0.0299
November 0.0304 0.0293 0.0300
December 0.0319 0.0299 0.0305