2018 KES to MAD Historical Review

YEARLY HIGH

0.0951 MAD

YEARLY LOW

0.0894 MAD

YEARLY AVERAGE

0.0927 MAD

2018 KES to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the KES to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 0.0951. Conversely, the yearly low was recorded on January 28, dropping to 0.0894.

This high-to-low spread represents a total annual volatility of 0.0057 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0899 to the December average rate of 0.0933, the exchange rate registered a net change of 3.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0951 was down 4.20% compared to the 2017 peak of 0.0992, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 475 MAD

2017 Average 469 MAD

Yearly Trough Low 447 MAD

Transaction Impact: A difference of 28.58 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0946

0.0895

JanuMarcMayJulySeptNove

KES 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 0.0918, compared to 0.0936 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0918

H2 Avg (Jul–Dec) 0.0936

Volatility Range Comparison

Volatility

The most volatile month in 2018 was February, with a trading range of 0.0024 MAD (High: 0.0919 / Low: 0.0895). On the other end, October was the most stable month, with a tight range of 0.0009 MAD (High: 0.0943 / Low: 0.0934).

February Spread (Volatile) ±0.0024

October Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0009 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.0942) against the same month in 2017 (average: 0.0912), the exchange rate shifted by +0.0030 (+3.29%).

2018 Avg (August) 0.0942

2017 Avg (August) 0.0912

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0909	0.0894	0.0899
February	0.0919	0.0895	0.0906
March	0.0914	0.0903	0.0908
April	0.0926	0.0907	0.0916
May	0.0944	0.0926	0.0936
June	0.0946	0.0933	0.0940
July	0.0944	0.0935	0.0940
August	0.0951	0.0931	0.0942
September	0.0939	0.0926	0.0933
October	0.0943	0.0934	0.0938
November	0.0940	0.0920	0.0930
December	0.0939	0.0925	0.0933