2018 MAD to ETB Historical Review

YEARLY HIGH

3.0233 ETB

YEARLY LOW

2.8787 ETB

YEARLY AVERAGE

2.9481 ETB

2018 MAD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MAD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 3.0233. Conversely, the yearly low was recorded on May 29, dropping to 2.8787.

This high-to-low spread represents a total annual volatility of 0.1446 ETB. From a start-to-finish perspective, comparing the January average rate of 2.9671 to the December average rate of 2.9561, the exchange rate registered a net change of -0.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 3.0233 was up 3.23% compared to the 2017 peak of 2.9286, 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 15,116 ETB

2017 Average 12,376 ETB

Yearly Trough Low 14,393 ETB

Transaction Impact: A difference of 723.00 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

3.0033

2.8931

JanuMarcMayJulySeptNove

MAD to ETB 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 2.9600, compared to 2.9362 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0238 points.

H1 Avg (Jan–Jun) 2.9600

H2 Avg (Jul–Dec) 2.9362

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0933 ETB (High: 3.0145 / Low: 2.9212). On the other end, July was the most stable month, with a tight range of 0.0315 ETB (High: 2.9324 / Low: 2.9009).

January Spread (Volatile) ±0.0933

July Spread (Stable) ±0.0315

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 0.0617 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0617

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 2.9924) against the same month in 2017 (average: 2.2530), the exchange rate shifted by +0.7393 (+32.81%).

2018 Avg (February) 2.9924

2017 Avg (February) 2.2530

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.0145	2.9212	2.9671
February	3.0233	2.9641	2.9924
March	3.0192	2.9791	2.9941
April	3.0019	2.9579	2.9830
May	2.9591	2.8787	2.9213
June	2.9213	2.8843	2.9023
July	2.9324	2.9009	2.9151
August	2.9467	2.8821	2.9148
September	2.9894	2.9123	2.9479
October	2.9589	2.8982	2.9398
November	2.9633	2.9104	2.9435
December	2.9793	2.9105	2.9561