2019 KWD to MAD Historical Review

YEARLY HIGH

32.1544 MAD

YEARLY LOW

31.1766 MAD

YEARLY AVERAGE

31.6441 MAD

2019 KWD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the KWD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 32.1544. Conversely, the yearly low was recorded on August 24, dropping to 31.1766.

This high-to-low spread represents a total annual volatility of 0.9778 MAD. From a start-to-finish perspective, comparing the January average rate of 31.4458 to the December average rate of 31.6942, the exchange rate registered a net change of 0.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 32.1544 was up 1.66% compared to the 2018 peak of 31.6304, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 160,772 MAD

2018 Average 155,389 MAD

Yearly Trough Low 155,883 MAD

Transaction Impact: A difference of 4,888.97 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

31.8915

31.3836

JanuMarcMayJulySeptNove

KWD 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 31.5992, compared to 31.6890 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0898 points.

H1 Avg (Jan–Jun) 31.5992

H2 Avg (Jul–Dec) 31.6890

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.6289 MAD (High: 31.8055 / Low: 31.1766). On the other end, November was the most stable month, with a tight range of 0.2294 MAD (High: 31.8927 / Low: 31.6633).

August Spread (Volatile) ±0.6289

November Spread (Stable) ±0.2294

Growth Streaks & Declines

Trends

Between February and May, 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 May and June, when the average rate fell by 0.1763 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1763

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 31.8491) against the same month in 2018 (average: 31.0612), the exchange rate shifted by +0.7879 (+2.54%).

2019 Avg (September) 31.8491

2018 Avg (September) 31.0612

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.7185	31.1847	31.4458
February	31.5139	31.2520	31.4259
March	31.7853	31.4744	31.6422
April	31.8033	31.5411	31.6706
May	31.9668	31.6676	31.7934
June	31.9093	31.3058	31.6171
July	31.6842	31.3926	31.5152
August	31.8055	31.1766	31.5273
September	32.1544	31.5263	31.8491
October	31.9071	31.6424	31.7756
November	31.8927	31.6633	31.7723
December	31.7880	31.5439	31.6942