2020 MAD to BWP Historical Review

YEARLY HIGH

1.2752 BWP

YEARLY LOW

1.1032 BWP

YEARLY AVERAGE

1.2058 BWP

2020 MAD to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MAD to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 10, valuing the pair at 1.2752. Conversely, the yearly low was recorded on January 2, dropping to 1.1032.

This high-to-low spread represents a total annual volatility of 0.1720 BWP. From a start-to-finish perspective, comparing the January average rate of 1.1162 to the December average rate of 1.2129, the exchange rate registered a net change of 8.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.2752 was up 9.43% compared to the 2019 peak of 1.1653, 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 6,376 BWP

2019 Average 5,593 BWP

Yearly Trough Low 5,516 BWP

Transaction Impact: A difference of 859.78 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.2750

1.1018

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 1.1783, compared to 1.2333 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0550 points.

H1 Avg (Jan–Jun) 1.1783

H2 Avg (Jul–Dec) 1.2333

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 0.0674 BWP (High: 1.2344 / Low: 1.1670). On the other end, October was the most stable month, with a tight range of 0.0177 BWP (High: 1.2524 / Low: 1.2348).

April Spread (Volatile) ±0.0674

October Spread (Stable) ±0.0177

Growth Streaks & Declines

Trends

Between January and May, 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 October and November, when the average rate fell by 0.0227 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0227

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 1.2605) against the same month in 2019 (average: 1.1469), the exchange rate shifted by +0.1136 (+9.91%).

2020 Avg (August) 1.2605

2019 Avg (August) 1.1469

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1375	1.1032	1.1162
February	1.1539	1.1273	1.1362
March	1.2130	1.1510	1.1832
April	1.2344	1.1670	1.2009
May	1.2402	1.1994	1.2242
June	1.2213	1.1926	1.2092
July	1.2381	1.2001	1.2129
August	1.2752	1.2381	1.2605
September	1.2583	1.2239	1.2477
October	1.2524	1.2348	1.2442
November	1.2364	1.2128	1.2216
December	1.2271	1.1747	1.2129