2018 MAD to GNF Historical Review

YEARLY HIGH

988.1472 GNF

YEARLY LOW

937.8116 GNF

YEARLY AVERAGE

964.3389 GNF

2018 MAD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MAD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 988.1472. Conversely, the yearly low was recorded on August 18, dropping to 937.8116.

This high-to-low spread represents a total annual volatility of 50.3356 GNF. From a start-to-finish perspective, comparing the January average rate of 973.6207 to the December average rate of 959.7838, the exchange rate registered a net change of -1.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 988.1472 was up 2.38% compared to the 2017 peak of 965.1650, 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 4,940,736 GNF

2017 Average 4,702,455 GNF

Yearly Trough Low 4,689,058 GNF

Transaction Impact: A difference of 251,678.08 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

983.7537

948.3199

JanuMarcMayJulySeptNove

MAD to GNF 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 970.3395, compared to 958.3383 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.0012 points.

H1 Avg (Jan–Jun) 970.3395

H2 Avg (Jul–Dec) 958.3383

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 27.3837 GNF (High: 965.1953 / Low: 937.8116). On the other end, March was the most stable month, with a tight range of 10.8176 GNF (High: 987.3602 / Low: 976.5425).

August Spread (Volatile) ±27.3837

March Spread (Stable) ±10.8176

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 21.9800 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -21.9800

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 980.0675) against the same month in 2017 (average: 931.8329), the exchange rate shifted by +48.2347 (+5.18%).

2018 Avg (February) 980.0675

2017 Avg (February) 931.8329

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	985.2429	960.2775	973.6207
February	988.1472	971.6931	980.0675
March	987.3602	976.5425	980.8009
April	985.4303	970.4322	979.1276
May	967.2862	941.3188	957.1476
June	958.6118	945.1241	951.2727
July	963.6847	951.9129	956.8483
August	965.1953	937.8116	954.1378
September	972.2489	957.3589	963.8240
October	964.7790	947.0364	957.6593
November	969.1885	946.5184	957.7765
December	968.2686	950.5253	959.7838