2018 MAD to BRL Historical Review

YEARLY HIGH

0.4483 BRL

YEARLY LOW

0.3434 BRL

YEARLY AVERAGE

0.3887 BRL

2018 MAD to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MAD to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 13, valuing the pair at 0.4483. Conversely, the yearly low was recorded on January 24, dropping to 0.3434.

This high-to-low spread represents a total annual volatility of 0.1049 BRL. From a start-to-finish perspective, comparing the January average rate of 0.3467 to the December average rate of 0.4079, the exchange rate registered a net change of 17.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4483 was up 25.80% compared to the 2017 peak of 0.3564, 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 2,242 BRL

2017 Average 1,647 BRL

Yearly Trough Low 1,717 BRL

Transaction Impact: A difference of 524.60 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.4446

0.3378

JanuMarcMayJulySeptNove

MAD to BRL 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 0.3684, compared to 0.4091 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0407 points.

H1 Avg (Jan–Jun) 0.3684

H2 Avg (Jul–Dec) 0.4091

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0502 BRL (High: 0.4409 / Low: 0.3908). On the other end, December was the most stable month, with a tight range of 0.0083 BRL (High: 0.4122 / Low: 0.4039).

August Spread (Volatile) ±0.0502

December Spread (Stable) ±0.0083

Growth Streaks & Declines

Trends

Between January and September, 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 September and October, when the average rate fell by 0.0393 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0393

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.4357) against the same month in 2017 (average: 0.3343), the exchange rate shifted by +0.1014 (+30.32%).

2018 Avg (September) 0.4357

2017 Avg (September) 0.3343

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3549	0.3434	0.3467
February	0.3587	0.3474	0.3534
March	0.3634	0.3505	0.3571
April	0.3774	0.3593	0.3699
May	0.3964	0.3766	0.3855
June	0.4135	0.3912	0.3977
July	0.4155	0.3914	0.4038
August	0.4409	0.3908	0.4136
September	0.4483	0.4266	0.4357
October	0.4257	0.3825	0.3964
November	0.4141	0.3879	0.3972
December	0.4122	0.4039	0.4079