2018 MAD to BWP Historical Review

YEARLY HIGH

1.1719 BWP

YEARLY LOW

1.0247 BWP

YEARLY AVERAGE

1.0858 BWP

2018 MAD to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MAD to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 1.1719. Conversely, the yearly low was recorded on February 27, dropping to 1.0247.

This high-to-low spread represents a total annual volatility of 0.1473 BWP. From a start-to-finish perspective, comparing the January average rate of 1.0531 to the December average rate of 1.1212, the exchange rate registered a net change of 6.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.1719 was up 3.79% compared to the 2017 peak of 1.1291, 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 5,860 BWP

2017 Average 5,333 BWP

Yearly Trough Low 5,123 BWP

Transaction Impact: A difference of 736.27 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.1575

1.0292

JanuMarcMayJulySeptNove

MAD to BWP 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 1.0522, compared to 1.1193 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0671 points.

H1 Avg (Jan–Jun) 1.0522

H2 Avg (Jul–Dec) 1.1193

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0580 BWP (High: 1.1419 / Low: 1.0838). On the other end, March was the most stable month, with a tight range of 0.0181 BWP (High: 1.0495 / Low: 1.0313).

August Spread (Volatile) ±0.0580

March Spread (Stable) ±0.0181

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0217 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0217

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 1.1468) against the same month in 2017 (average: 1.0852), the exchange rate shifted by +0.0617 (+5.68%).

2018 Avg (September) 1.1468

2017 Avg (September) 1.0852

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0631	1.0414	1.0531
February	1.0531	1.0247	1.0399
March	1.0495	1.0313	1.0416
April	1.0599	1.0376	1.0488
May	1.0634	1.0404	1.0532
June	1.1001	1.0512	1.0767
July	1.1001	1.0792	1.0895
August	1.1419	1.0838	1.1150
September	1.1719	1.1233	1.1468
October	1.1414	1.1170	1.1251
November	1.1319	1.1057	1.1182
December	1.1311	1.0998	1.1212