2018 MAD to CVE Historical Review

YEARLY HIGH

10.2781 CVE

YEARLY LOW

9.6660 CVE

YEARLY AVERAGE

9.9799 CVE

2018 MAD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MAD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 10.2781. Conversely, the yearly low was recorded on January 25, dropping to 9.6660.

This high-to-low spread represents a total annual volatility of 0.6121 CVE. From a start-to-finish perspective, comparing the January average rate of 9.8132 to the December average rate of 10.1866, the exchange rate registered a net change of 3.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 10.2781 was down 1.57% compared to the 2017 peak of 10.4422, 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 51,390 CVE

2017 Average 50,509 CVE

Yearly Trough Low 48,330 CVE

Transaction Impact: A difference of 3,060.44 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

10.2624

9.7070

JanuMarcMayJulySeptNove

MAD to CVE 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 9.8369, compared to 10.1229 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2860 points.

H1 Avg (Jan–Jun) 9.8369

H2 Avg (Jul–Dec) 10.1229

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.3191 CVE (High: 10.0818 / Low: 9.7627). On the other end, March was the most stable month, with a tight range of 0.1132 CVE (High: 9.8358 / Low: 9.7226).

June Spread (Volatile) ±0.3191

March Spread (Stable) ±0.1132

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0599 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0599

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 10.2161) against the same month in 2017 (average: 9.9762), the exchange rate shifted by +0.2399 (+2.40%).

2018 Avg (November) 10.2161

2017 Avg (November) 9.9762

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.9056	9.6660	9.8132
February	9.8039	9.6869	9.7533
March	9.8358	9.7226	9.7705
April	9.8571	9.7304	9.7914
May	10.0254	9.8308	9.9150
June	10.0818	9.7627	9.9782
July	10.0559	9.9228	10.0003
August	10.2001	9.9979	10.1002
September	10.1780	10.0203	10.0799
October	10.2373	10.0361	10.1542
November	10.2781	10.1513	10.2161
December	10.2674	10.1058	10.1866