2020 MAD to AZN Historical Review

YEARLY HIGH

0.1916 AZN

YEARLY LOW

0.1653 AZN

YEARLY AVERAGE

0.1795 AZN

2020 MAD to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MAD to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.1916. Conversely, the yearly low was recorded on April 6, dropping to 0.1653.

This high-to-low spread represents a total annual volatility of 0.0263 AZN. From a start-to-finish perspective, comparing the January average rate of 0.1772 to the December average rate of 0.1896, the exchange rate registered a net change of 6.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1916 was up 6.28% compared to the 2019 peak of 0.1803, 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 958 AZN

2019 Average 885 AZN

Yearly Trough Low 826 AZN

Transaction Impact: A difference of 131.69 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1917

0.1659

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 0.1743, compared to 0.1847 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0104 points.

H1 Avg (Jan–Jun) 0.1743

H2 Avg (Jul–Dec) 0.1847

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0122 AZN (High: 0.1806 / Low: 0.1685). On the other end, January was the most stable month, with a tight range of 0.0014 AZN (High: 0.1779 / Low: 0.1764).

March Spread (Volatile) ±0.0122

January Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0079 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.1896) against the same month in 2019 (average: 0.1769), the exchange rate shifted by +0.0126 (+7.13%).

2020 Avg (December) 0.1896

2019 Avg (December) 0.1769

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1779	0.1764	0.1772
February	0.1774	0.1748	0.1760
March	0.1806	0.1685	0.1759
April	0.1722	0.1653	0.1680
May	0.1740	0.1718	0.1728
June	0.1768	0.1741	0.1759
July	0.1827	0.1752	0.1783
August	0.1861	0.1820	0.1844
September	0.1867	0.1832	0.1846
October	0.1861	0.1838	0.1849
November	0.1878	0.1842	0.1864
December	0.1916	0.1830	0.1896