2020 MAD to HKD Historical Review

YEARLY HIGH

0.8725 HKD

YEARLY LOW

0.7525 HKD

YEARLY AVERAGE

0.8178 HKD

2020 MAD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MAD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.8725. Conversely, the yearly low was recorded on April 6, dropping to 0.7525.

This high-to-low spread represents a total annual volatility of 0.1200 HKD. From a start-to-finish perspective, comparing the January average rate of 0.8091 to the December average rate of 0.8631, the exchange rate registered a net change of 6.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.8725 was up 5.12% compared to the 2019 peak of 0.8300, 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 4,363 HKD

2019 Average 4,074 HKD

Yearly Trough Low 3,763 HKD

Transaction Impact: A difference of 599.92 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.8729

0.7553

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 0.7946, compared to 0.8409 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0463 points.

H1 Avg (Jan–Jun) 0.7946

H2 Avg (Jul–Dec) 0.8409

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0575 HKD (High: 0.8246 / Low: 0.7671). On the other end, January was the most stable month, with a tight range of 0.0064 HKD (High: 0.8121 / Low: 0.8057).

March Spread (Volatile) ±0.0575

January Spread (Stable) ±0.0064

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 0.0372 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0372

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.8631) against the same month in 2019 (average: 0.8111), the exchange rate shifted by +0.0520 (+6.41%).

2020 Avg (December) 0.8631

2019 Avg (December) 0.8111

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8121	0.8057	0.8091
February	0.8122	0.7981	0.8035
March	0.8246	0.7671	0.8022
April	0.7842	0.7525	0.7651
May	0.7925	0.7822	0.7872
June	0.8051	0.7927	0.8007
July	0.8316	0.7976	0.8117
August	0.8471	0.8288	0.8395
September	0.8501	0.8340	0.8404
October	0.8470	0.8369	0.8419
November	0.8550	0.8385	0.8489
December	0.8725	0.8331	0.8631