2018 MAD to HNL Historical Review

YEARLY HIGH

2.5920 HNL

YEARLY LOW

2.4038 HNL

YEARLY AVERAGE

2.5476 HNL

2018 MAD to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MAD to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 2.5920. Conversely, the yearly low was recorded on December 5, dropping to 2.4038.

This high-to-low spread represents a total annual volatility of 0.1882 HNL. From a start-to-finish perspective, comparing the January average rate of 2.5539 to the December average rate of 2.5439, the exchange rate registered a net change of -0.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.5920 was up 2.56% compared to the 2017 peak of 2.5271, 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 12,960 HNL

2017 Average 12,102 HNL

Yearly Trough Low 12,019 HNL

Transaction Impact: A difference of 940.96 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.5776

2.5188

JanuMarcMayJulySeptNove

MAD to HNL 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 2.5519, compared to 2.5433 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0087 points.

H1 Avg (Jan–Jun) 2.5519

H2 Avg (Jul–Dec) 2.5433

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.1707 HNL (High: 2.5745 / Low: 2.4038). On the other end, July was the most stable month, with a tight range of 0.0207 HNL (High: 2.5477 / Low: 2.5270).

December Spread (Volatile) ±0.1707

July Spread (Stable) ±0.0207

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 0.0457 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0457

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 2.5680) against the same month in 2017 (average: 2.3401), the exchange rate shifted by +0.2278 (+9.74%).

2018 Avg (February) 2.5680

2017 Avg (February) 2.3401

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5843	2.5204	2.5539
February	2.5920	2.5426	2.5680
March	2.5896	2.5613	2.5727
April	2.5868	2.5466	2.5694
May	2.5415	2.4972	2.5237
June	2.5460	2.5097	2.5239
July	2.5477	2.5270	2.5356
August	2.5588	2.5080	2.5320
September	2.5773	2.5412	2.5570
October	2.5534	2.5168	2.5392
November	2.5706	2.5155	2.5520
December	2.5745	2.4038	2.5439