2020 KWD to MAD Historical Review

YEARLY HIGH

33.1001 MAD

YEARLY LOW

29.2135 MAD

YEARLY AVERAGE

30.9531 MAD

2020 KWD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KWD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 33.1001. Conversely, the yearly low was recorded on December 19, dropping to 29.2135.

This high-to-low spread represents a total annual volatility of 3.8865 MAD. From a start-to-finish perspective, comparing the January average rate of 31.6571 to the December average rate of 29.4625, the exchange rate registered a net change of -6.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 33.1001 was up 2.94% compared to the 2019 peak of 32.1544, 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 165,500 MAD

2019 Average 158,225 MAD

Yearly Trough Low 146,068 MAD

Transaction Impact: A difference of 19,432.70 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

32.8714

29.1526

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 31.7610, compared to 30.1452 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6158 points.

H1 Avg (Jan–Jun) 31.7610

H2 Avg (Jul–Dec) 30.1452

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.3929 MAD (High: 32.2861 / Low: 30.8932). On the other end, January was the most stable month, with a tight range of 0.2563 MAD (High: 31.7872 / Low: 31.5309).

March Spread (Volatile) ±1.3929

January Spread (Stable) ±0.2563

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.8874 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.8874

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 32.5615) against the same month in 2019 (average: 31.6706), the exchange rate shifted by +0.8909 (+2.81%).

2020 Avg (April) 32.5615

2019 Avg (April) 31.6706

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.7872	31.5309	31.6571
February	31.9009	31.3662	31.7160
March	32.2861	30.8932	31.3117
April	33.1001	31.8633	32.5615
May	32.0821	31.7281	31.8784
June	31.7402	31.2945	31.4413
July	31.5722	30.4958	31.0878
August	30.5502	29.9652	30.2004
September	30.3247	29.8679	30.1440
October	30.2416	29.9449	30.0956
November	30.2010	29.6737	29.8810
December	30.4850	29.2135	29.4625