2018 JOD to MAD Historical Review

YEARLY HIGH

13.5369 MAD

YEARLY LOW

12.8442 MAD

YEARLY AVERAGE

13.2286 MAD

2018 JOD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JOD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 13.5369. Conversely, the yearly low was recorded on February 15, dropping to 12.8442.

This high-to-low spread represents a total annual volatility of 0.6926 MAD. From a start-to-finish perspective, comparing the January average rate of 13.0397 to the December average rate of 13.4398, the exchange rate registered a net change of 3.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 13.5369 was down 5.90% compared to the 2017 peak of 14.3860, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 67,684 MAD

2017 Average 68,419 MAD

Yearly Trough Low 64,221 MAD

Transaction Impact: A difference of 3,463.22 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

13.4888

12.9009

JanuMarcMayJulySeptNove

JOD 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 13.0975, compared to 13.3597 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2622 points.

H1 Avg (Jan–Jun) 13.0975

H2 Avg (Jul–Dec) 13.3597

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.3547 MAD (High: 13.4832 / Low: 13.1285). On the other end, July was the most stable month, with a tight range of 0.1081 MAD (High: 13.3868 / Low: 13.2787).

May Spread (Volatile) ±0.3547

July Spread (Stable) ±0.1081

Growth Streaks & Declines

Trends

Between March and June, 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 August and September, when the average rate fell by 0.1106 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 13.4398) against the same month in 2017 (average: 13.2847), the exchange rate shifted by +0.1550 (+1.17%).

2018 Avg (December) 13.4398

2017 Avg (December) 13.2847

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.2248	12.8858	13.0397
February	13.0637	12.8442	12.9548
March	13.0106	12.8557	12.9499
April	13.0952	12.8983	12.9846
May	13.4832	13.1285	13.2776
June	13.4659	13.2877	13.3783
July	13.3868	13.2787	13.3296
August	13.4975	13.2221	13.3636
September	13.3261	13.1543	13.2530
October	13.4872	13.2861	13.3660
November	13.5172	13.3282	13.4060
December	13.5369	13.3590	13.4398