2019 MAD to BAM Historical Review

YEARLY HIGH

0.1866 BAM

YEARLY LOW

0.1778 BAM

YEARLY AVERAGE

0.1817 BAM

2019 MAD to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MAD to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 0.1866. Conversely, the yearly low was recorded on January 2, dropping to 0.1778.

This high-to-low spread represents a total annual volatility of 0.0088 BAM. From a start-to-finish perspective, comparing the January average rate of 0.1796 to the December average rate of 0.1830, the exchange rate registered a net change of 1.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1866 was up 2.23% compared to the 2018 peak of 0.1825, 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 BAM

2018 Average 882 BAM

Yearly Trough Low 889 BAM

Transaction Impact: A difference of 43.99 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1838

0.1792

JanuMarcMayJulySeptNove

MAD to BAM 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 0.1803, compared to 0.1830 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.1803

H2 Avg (Jul–Dec) 0.1830

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0040 BAM (High: 0.1866 / Low: 0.1826). On the other end, May was the most stable month, with a tight range of 0.0015 BAM (High: 0.1815 / Low: 0.1800).

August Spread (Volatile) ±0.0040

May Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between June and September, 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 February and March, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.1833) against the same month in 2018 (average: 0.1786), the exchange rate shifted by +0.0048 (+2.67%).

2019 Avg (August) 0.1833

2018 Avg (August) 0.1786

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1809	0.1778	0.1796
February	0.1824	0.1790	0.1806
March	0.1808	0.1791	0.1799
April	0.1817	0.1798	0.1806
May	0.1815	0.1800	0.1808
June	0.1825	0.1795	0.1804
July	0.1831	0.1800	0.1818
August	0.1866	0.1826	0.1833
September	0.1852	0.1825	0.1834
October	0.1842	0.1822	0.1833
November	0.1842	0.1821	0.1833
December	0.1841	0.1821	0.1830