2019 MAD to BIF Historical Review

YEARLY HIGH

196.7413 BIF

YEARLY LOW

186.8053 BIF

YEARLY AVERAGE

191.5346 BIF

2019 MAD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MAD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 196.7413. Conversely, the yearly low was recorded on January 2, dropping to 186.8053.

This high-to-low spread represents a total annual volatility of 9.9361 BIF. From a start-to-finish perspective, comparing the January average rate of 189.3532 to the December average rate of 195.1096, the exchange rate registered a net change of 3.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 196.7413 was up 1.49% compared to the 2018 peak of 193.8495, 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 983,707 BIF

2018 Average 946,982 BIF

Yearly Trough Low 934,026 BIF

Transaction Impact: A difference of 49,680.32 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

195.6853

188.7767

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 190.1319, compared to 192.9372 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.8053 points.

H1 Avg (Jan–Jun) 190.1319

H2 Avg (Jul–Dec) 192.9372

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 5.1820 BIF (High: 194.7640 / Low: 189.5819). On the other end, November was the most stable month, with a tight range of 1.2902 BIF (High: 194.6752 / Low: 193.3850).

October Spread (Volatile) ±5.1820

November Spread (Stable) ±1.2902

Growth Streaks & Declines

Trends

Between May and August, 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 August and September, when the average rate fell by 0.9498 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.9498

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 195.1096) against the same month in 2018 (average: 189.4969), the exchange rate shifted by +5.6127 (+2.96%).

2019 Avg (December) 195.1096

2018 Avg (December) 189.4969

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	191.1792	186.8053	189.3532
February	192.2370	188.5652	190.1321
March	191.4751	187.4600	189.3524
April	190.9089	189.0243	190.1036
May	190.6904	189.1804	189.9154
June	193.4584	188.8466	191.9351
July	193.0199	191.1419	192.2169
August	194.4571	190.9303	192.4003
September	194.2397	189.6593	191.4505
October	194.7640	189.5819	192.4527
November	194.6752	193.3850	193.9934
December	196.7413	193.8805	195.1096