2018 MAD to CLP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MAD to CLP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MAD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 11, valuing the pair at 73.8653. Conversely, the yearly low was recorded on February 26, dropping to 63.8314.
This high-to-low spread represents a total annual volatility of 10.0339 CLP. From a start-to-finish perspective, comparing the January average rate of 65.4372 to the December average rate of 71.7702, the exchange rate registered a net change of 9.68% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 73.8653 was up 6.58% compared to the 2017 peak of 69.3044, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
MAD to CLP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 65.8308, compared to 70.8755 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.0446 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 4.3725 CLP (High: 72.2376 / Low: 67.8651). On the other end, April was the most stable month, with a tight range of 1.1208 CLP (High: 65.9177 / Low: 64.7969).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.5355 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2018: 72.1646) against the same month in 2017 (average: 66.8248), the exchange rate shifted by +5.3398 (+7.99%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 66.2606 | 64.6846 | 65.4372 |
| February | 66.0372 | 63.8314 | 64.9375 |
| March | 66.4741 | 64.6591 | 65.7850 |
| April | 65.9177 | 64.7969 | 65.2496 |
| May | 67.6530 | 65.5191 | 66.5217 |
| June | 68.9593 | 66.3639 | 67.0538 |
| July | 70.0746 | 67.5068 | 68.9643 |
| August | 72.2376 | 67.8651 | 69.4683 |
| September | 73.8653 | 69.8420 | 72.1646 |
| October | 72.7350 | 69.6182 | 71.6483 |
| November | 72.4841 | 70.2436 | 71.2371 |
| December | 73.1052 | 70.3994 | 71.7702 |