2018 LSL to MAD Historical Review

YEARLY HIGH

0.7982 MAD

YEARLY LOW

0.6041 MAD

YEARLY AVERAGE

0.7137 MAD

2018 LSL to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the LSL to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 0.7982. Conversely, the yearly low was recorded on September 16, dropping to 0.6041.

This high-to-low spread represents a total annual volatility of 0.1941 MAD. From a start-to-finish perspective, comparing the January average rate of 0.7593 to the December average rate of 0.6690, the exchange rate registered a net change of -11.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.7982 was down 0.23% compared to the 2017 peak of 0.8001, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,991 MAD

2017 Average 3,649 MAD

Yearly Trough Low 3,021 MAD

Transaction Impact: A difference of 970.56 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.7906

0.6245

JanuMarcMayJulySeptNove

LSL 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 0.7568, compared to 0.6707 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0861 points.

H1 Avg (Jan–Jun) 0.7568

H2 Avg (Jul–Dec) 0.6707

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0724 MAD (High: 0.7178 / Low: 0.6454). On the other end, March was the most stable month, with a tight range of 0.0217 MAD (High: 0.7854 / Low: 0.7637).

August Spread (Volatile) ±0.0724

March Spread (Stable) ±0.0217

Growth Streaks & Declines

Trends

Between September and November, 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 August and September, when the average rate fell by 0.0452 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0452

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.7768) against the same month in 2017 (average: 0.7617), the exchange rate shifted by +0.0151 (+1.98%).

2018 Avg (February) 0.7768

2017 Avg (February) 0.7617

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7736	0.7486	0.7593
February	0.7982	0.7586	0.7768
March	0.7854	0.7637	0.7746
April	0.7795	0.7443	0.7618
May	0.7653	0.7388	0.7512
June	0.7543	0.6884	0.7171
July	0.7212	0.6858	0.7054
August	0.7178	0.6454	0.6835
September	0.6669	0.6041	0.6383
October	0.6670	0.6363	0.6528
November	0.6929	0.6582	0.6752
December	0.6959	0.6554	0.6690