2018 MAD to BIF Historical Review

YEARLY HIGH

193.8495 BIF

YEARLY LOW

184.7329 BIF

YEARLY AVERAGE

189.4163 BIF

2018 MAD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MAD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 193.8495. Conversely, the yearly low was recorded on May 28, dropping to 184.7329.

This high-to-low spread represents a total annual volatility of 9.1165 BIF. From a start-to-finish perspective, comparing the January average rate of 190.5625 to the December average rate of 189.4969, the exchange rate registered a net change of -0.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 193.8495 was up 2.82% compared to the 2017 peak of 188.5349, 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 969,247 BIF

2017 Average 888,715 BIF

Yearly Trough Low 923,665 BIF

Transaction Impact: A difference of 45,582.66 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

192.8871

186.1976

JanuMarcMayJulySeptNove

MAD to BIF 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 190.3482, compared to 188.4845 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8637 points.

H1 Avg (Jan–Jun) 190.3482

H2 Avg (Jul–Dec) 188.4845

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 6.5485 BIF (High: 193.7107 / Low: 187.1622). On the other end, July was the most stable month, with a tight range of 3.0509 BIF (High: 189.2384 / Low: 186.1875).

January Spread (Volatile) ±6.5485

July Spread (Stable) ±3.0509

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 April and May, when the average rate fell by 4.2529 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -4.2529

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 192.3258) against the same month in 2017 (average: 169.0362), the exchange rate shifted by +23.2896 (+13.78%).

2018 Avg (March) 192.3258

2017 Avg (March) 169.0362

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	193.7107	187.1622	190.5625
February	193.7637	190.2218	192.0393
March	193.8495	190.7910	192.3258
April	193.7686	190.3302	192.3296
May	190.4299	184.7329	188.0767
June	188.9679	185.1127	186.7550
July	189.2384	186.1875	187.2823
August	188.8202	184.7604	187.2377
September	190.9221	187.4158	188.7795
October	191.6327	185.9442	188.8939
November	191.9342	185.7617	189.2165
December	191.7153	187.4773	189.4969