YEARLY HIGH
10.5197 CVE
YEARLY LOW
10.0325 CVE
YEARLY AVERAGE
10.2740 CVE

2019 MAD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MAD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 10.5197. Conversely, the yearly low was recorded on January 2, dropping to 10.0325.

This high-to-low spread represents a total annual volatility of 0.4873 CVE. From a start-to-finish perspective, comparing the January average rate of 10.1563 to the December average rate of 10.3652, the exchange rate registered a net change of 2.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 10.5197 was up 2.35% compared to the 2018 peak of 10.2781, 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 52,599 CVE
2018 Average 49,907 CVE
Yearly Trough Low 50,162 CVE
Transaction Impact: A difference of 2,436.38 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

10.4007
10.1341
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 10.1987, compared to 10.3493 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1506 points.

H1 Avg (Jan–Jun) 10.1987
H2 Avg (Jul–Dec) 10.3493

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.2429 CVE (High: 10.5197 / Low: 10.2769). On the other end, April was the most stable month, with a tight range of 0.1047 CVE (High: 10.2769 / Low: 10.1722).

August Spread (Volatile) ±0.2429
April Spread (Stable) ±0.1047

Growth Streaks & Declines

Trends

Between June and November, 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 February and March, when the average rate fell by 0.0313 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0313

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 10.3534) against the same month in 2018 (average: 10.1002), the exchange rate shifted by +0.2532 (+2.51%).

2019 Avg (August) 10.3534
2018 Avg (August) 10.1002

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.2328 10.0325 10.1563
February 10.2948 10.1176 10.2076
March 10.2205 10.1127 10.1762
April 10.2769 10.1722 10.2187
May 10.2610 10.1531 10.2235
June 10.3200 10.1477 10.2099
July 10.3481 10.1457 10.2630
August 10.5197 10.2769 10.3534
September 10.4570 10.2896 10.3675
October 10.4359 10.3245 10.3680
November 10.4686 10.3308 10.3785
December 10.4655 10.2933 10.3652