2020 MAD to GNF Historical Review

YEARLY HIGH

1124.8322 GNF

YEARLY LOW

916.7478 GNF

YEARLY AVERAGE

1014.7614 GNF

2020 MAD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MAD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1124.8322. Conversely, the yearly low was recorded on April 4, dropping to 916.7478.

This high-to-low spread represents a total annual volatility of 208.0844 GNF. From a start-to-finish perspective, comparing the January average rate of 987.1935 to the December average rate of 1107.1962, the exchange rate registered a net change of 12.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1124.8322 was up 12.50% compared to the 2019 peak of 999.8154, 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 5,624,161 GNF

2019 Average 4,799,646 GNF

Yearly Trough Low 4,583,739 GNF

Transaction Impact: A difference of 1,040,421.77 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1124.2105

920.0385

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 971.7949, compared to 1057.7278 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 85.9329 points.

H1 Avg (Jan–Jun) 971.7949

H2 Avg (Jul–Dec) 1057.7278

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 67.3008 GNF (High: 1007.6787 / Low: 940.3779). On the other end, September was the most stable month, with a tight range of 15.9767 GNF (High: 1059.4590 / Low: 1043.4823).

March Spread (Volatile) ±67.3008

September Spread (Stable) ±15.9767

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 42.0009 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -42.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1107.1962) against the same month in 2019 (average: 985.1679), the exchange rate shifted by +122.0283 (+12.39%).

2020 Avg (December) 1107.1962

2019 Avg (December) 985.1679

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	998.4147	974.1942	987.1935
February	991.3018	971.1415	978.7441
March	1007.6787	940.3779	979.0538
April	962.3226	916.7478	937.0529
May	973.8910	950.9991	961.7702
June	999.1868	974.0778	986.9550
July	1031.6524	991.8470	1008.1153
August	1054.9385	1029.5619	1044.5564
September	1059.4590	1043.4823	1051.9049
October	1070.3286	1054.1680	1062.3259
November	1082.7282	1058.8926	1072.2682
December	1124.8322	1069.4618	1107.1962