2019 MAD to BWP Historical Review

YEARLY HIGH

1.1653 BWP

YEARLY LOW

1.0816 BWP

YEARLY AVERAGE

1.1185 BWP

2019 MAD to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MAD to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 1.1653. Conversely, the yearly low was recorded on February 3, dropping to 1.0816.

This high-to-low spread represents a total annual volatility of 0.0836 BWP. From a start-to-finish perspective, comparing the January average rate of 1.1056 to the December average rate of 1.1166, the exchange rate registered a net change of 0.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.1653 was down 0.57% compared to the 2018 peak of 1.1719, 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 5,826 BWP

2018 Average 5,430 BWP

Yearly Trough Low 5,408 BWP

Transaction Impact: A difference of 418.24 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.1517

1.0949

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 1.1100, compared to 1.1270 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0170 points.

H1 Avg (Jan–Jun) 1.1100

H2 Avg (Jul–Dec) 1.1270

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0475 BWP (High: 1.1653 / Low: 1.1177). On the other end, July was the most stable month, with a tight range of 0.0165 BWP (High: 1.1155 / Low: 1.0990).

August Spread (Volatile) ±0.0475

July Spread (Stable) ±0.0165

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0176 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0176

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 1.1469) against the same month in 2018 (average: 1.1150), the exchange rate shifted by +0.0319 (+2.86%).

2019 Avg (August) 1.1469

2018 Avg (August) 1.1150

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1345	1.0909	1.1056
February	1.1099	1.0816	1.0996
March	1.1223	1.1011	1.1133
April	1.1159	1.0986	1.1050
May	1.1231	1.1037	1.1115
June	1.1397	1.1115	1.1249
July	1.1155	1.0990	1.1072
August	1.1653	1.1177	1.1469
September	1.1471	1.1195	1.1298
October	1.1430	1.1197	1.1329
November	1.1419	1.1232	1.1285
December	1.1281	1.1046	1.1166