2018 MAD to AZN Historical Review

YEARLY HIGH

0.1866 AZN

YEARLY LOW

0.1771 AZN

YEARLY AVERAGE

0.1811 AZN

2018 MAD to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MAD to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.1866. Conversely, the yearly low was recorded on December 15, dropping to 0.1771.

This high-to-low spread represents a total annual volatility of 0.0094 AZN. From a start-to-finish perspective, comparing the January average rate of 0.1829 to the December average rate of 0.1785, the exchange rate registered a net change of -2.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1866 was down 4.47% compared to the 2017 peak of 0.1953, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 933 AZN

2017 Average 887 AZN

Yearly Trough Low 886 AZN

Transaction Impact: A difference of 47.19 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1854

0.1779

JanuMarcMayJulySeptNove

MAD to AZN 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 0.1827, compared to 0.1796 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.1827

H2 Avg (Jul–Dec) 0.1796

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0054 AZN (High: 0.1856 / Low: 0.1802). On the other end, July was the most stable month, with a tight range of 0.0015 AZN (High: 0.1807 / Low: 0.1792).

January Spread (Volatile) ±0.0054

July Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0040 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.1846) against the same month in 2017 (average: 0.1730), the exchange rate shifted by +0.0116 (+6.70%).

2018 Avg (March) 0.1846

2017 Avg (March) 0.1730

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1856	0.1802	0.1829
February	0.1865	0.1823	0.1838
March	0.1866	0.1830	0.1846
April	0.1859	0.1832	0.1848
May	0.1828	0.1780	0.1807
June	0.1806	0.1782	0.1793
July	0.1807	0.1792	0.1800
August	0.1815	0.1778	0.1795
September	0.1822	0.1801	0.1810
October	0.1806	0.1779	0.1795
November	0.1800	0.1775	0.1790
December	0.1796	0.1771	0.1785