YEARLY HIGH
0.8300 HKD
YEARLY LOW
0.8028 HKD
YEARLY AVERAGE
0.8149 HKD

2019 MAD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MAD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.8300. Conversely, the yearly low was recorded on September 30, dropping to 0.8028.

This high-to-low spread represents a total annual volatility of 0.0272 HKD. From a start-to-finish perspective, comparing the January average rate of 0.8226 to the December average rate of 0.8111, the exchange rate registered a net change of -1.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.8300 was down 3.48% compared to the 2018 peak of 0.8599, 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 4,150 HKD
2018 Average 4,175 HKD
Yearly Trough Low 4,014 HKD
Transaction Impact: A difference of 135.86 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.8239
0.8084
JanuMarcMayJulySeptNove

MAD to HKD 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 0.8170, compared to 0.8128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.8170
H2 Avg (Jul–Dec) 0.8128

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0160 HKD (High: 0.8300 / Low: 0.8140). On the other end, February was the most stable month, with a tight range of 0.0054 HKD (High: 0.8262 / Low: 0.8208).

January Spread (Volatile) ±0.0160
February Spread (Stable) ±0.0054

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0082 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.8226) against the same month in 2018 (average: 0.8451), the exchange rate shifted by -0.0225 (-2.67%).

2019 Avg (January) 0.8226
2018 Avg (January) 0.8451

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8300 0.8140 0.8226
February 0.8262 0.8208 0.8226
March 0.8210 0.8121 0.8166
April 0.8179 0.8108 0.8140
May 0.8146 0.8064 0.8113
June 0.8214 0.8072 0.8147
July 0.8192 0.8113 0.8146
August 0.8272 0.8115 0.8179
September 0.8183 0.8028 0.8097
October 0.8171 0.8070 0.8123
November 0.8153 0.8082 0.8112
December 0.8144 0.8076 0.8111