2018 ILS to MAD Historical Review

YEARLY HIGH

2.7359 MAD

YEARLY LOW

2.5240 MAD

YEARLY AVERAGE

2.6125 MAD

2018 ILS to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ILS to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 2.7359. Conversely, the yearly low was recorded on December 20, dropping to 2.5240.

This high-to-low spread represents a total annual volatility of 0.2119 MAD. From a start-to-finish perspective, comparing the January average rate of 2.7047 to the December average rate of 2.5411, the exchange rate registered a net change of -6.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.7359 was down 1.65% compared to the 2017 peak of 2.7820, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,680 MAD

2017 Average 13,491 MAD

Yearly Trough Low 12,620 MAD

Transaction Impact: A difference of 1,059.40 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.7211

2.5248

JanuMarcMayJulySeptNove

ILS 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 2.6411, compared to 2.5840 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0571 points.

H1 Avg (Jan–Jun) 2.6411

H2 Avg (Jul–Dec) 2.5840

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0904 MAD (High: 2.6706 / Low: 2.5802). On the other end, July was the most stable month, with a tight range of 0.0328 MAD (High: 2.6087 / Low: 2.5758).

May Spread (Volatile) ±0.0904

July Spread (Stable) ±0.0328

Growth Streaks & Declines

Trends

Between April and June, 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 January and February, when the average rate fell by 0.0772 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0772

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 2.7047) against the same month in 2017 (average: 2.6369), the exchange rate shifted by +0.0678 (+2.57%).

2018 Avg (January) 2.7047

2017 Avg (January) 2.6369

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7359	2.6775	2.7047
February	2.6640	2.5792	2.6275
March	2.6725	2.6092	2.6498
April	2.6222	2.5750	2.6038
May	2.6706	2.5802	2.6258
June	2.6707	2.5935	2.6347
July	2.6087	2.5758	2.5964
August	2.6154	2.5545	2.5876
September	2.6345	2.5873	2.6186
October	2.6099	2.5688	2.5927
November	2.5967	2.5364	2.5675
December	2.5595	2.5240	2.5411