2020 LSL to MAD Historical Review

YEARLY HIGH

0.6856 MAD

YEARLY LOW

0.5233 MAD

YEARLY AVERAGE

0.5800 MAD

2020 LSL to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the LSL to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.6856. Conversely, the yearly low was recorded on August 10, dropping to 0.5233.

This high-to-low spread represents a total annual volatility of 0.1622 MAD. From a start-to-finish perspective, comparing the January average rate of 0.6693 to the December average rate of 0.6033, the exchange rate registered a net change of -9.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6856 was down 4.29% compared to the 2019 peak of 0.7163, 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 3,428 MAD

2019 Average 3,331 MAD

Yearly Trough Low 2,617 MAD

Transaction Impact: A difference of 811.23 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6825

0.5239

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 0.5920, compared to 0.5680 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0240 points.

H1 Avg (Jan–Jun) 0.5920

H2 Avg (Jul–Dec) 0.5680

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0671 MAD (High: 0.6250 / Low: 0.5579). On the other end, October was the most stable month, with a tight range of 0.0146 MAD (High: 0.5662 / Low: 0.5515).

March Spread (Volatile) ±0.0671

October Spread (Stable) ±0.0146

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0632 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0632

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.6693) against the same month in 2019 (average: 0.6866), the exchange rate shifted by -0.0173 (-2.51%).

2020 Avg (January) 0.6693

2019 Avg (January) 0.6866

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6856	0.6493	0.6693
February	0.6550	0.6232	0.6460
March	0.6250	0.5579	0.5829
April	0.5729	0.5241	0.5464
May	0.5664	0.5282	0.5425
June	0.5801	0.5562	0.5648
July	0.5762	0.5600	0.5700
August	0.5600	0.5233	0.5371
September	0.5709	0.5423	0.5509
October	0.5662	0.5515	0.5591
November	0.5983	0.5669	0.5876
December	0.6197	0.5867	0.6033