2018 MAD to IRR Historical Review

YEARLY HIGH

4647.0450 IRR

YEARLY LOW

3805.9914 IRR

YEARLY AVERAGE

4330.5483 IRR

2018 MAD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MAD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 7, valuing the pair at 4647.0450. Conversely, the yearly low was recorded on January 3, dropping to 3805.9914.

This high-to-low spread represents a total annual volatility of 841.0536 IRR. From a start-to-finish perspective, comparing the January average rate of 3895.8982 to the December average rate of 4430.0114, the exchange rate registered a net change of 13.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 4647.0450 was up 21.84% compared to the 2017 peak of 3813.9613, 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 23,235,225 IRR

2017 Average 17,053,512 IRR

Yearly Trough Low 19,029,957 IRR

Transaction Impact: A difference of 4,205,268.20 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

4658.4534

3826.5749

JanuMarcMayJulySeptNove

MAD to IRR 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 4141.8630, compared to 4519.2335 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 377.3706 points.

H1 Avg (Jan–Jun) 4141.8630

H2 Avg (Jul–Dec) 4519.2335

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 513.8067 IRR (High: 4494.4863 / Low: 3980.6795). On the other end, September was the most stable month, with a tight range of 53.7976 IRR (High: 4618.9027 / Low: 4565.1051).

May Spread (Volatile) ±513.8067

September Spread (Stable) ±53.7976

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 105.4967 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -105.4967

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 4568.8741) against the same month in 2017 (average: 3480.3049), the exchange rate shifted by +1088.5693 (+31.28%).

2018 Avg (August) 4568.8741

2017 Avg (August) 3480.3049

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4034.3774	3805.9914	3895.8982
February	4064.2843	3994.4026	4032.8074
March	4117.1905	4043.8489	4082.8094
April	4105.5677	4030.6346	4071.8041
May	4494.4863	3980.6795	4306.8669
June	4493.9186	4429.3300	4460.9919
July	4641.7755	4488.4633	4575.9890
August	4647.0450	4507.2910	4568.8741
September	4618.9027	4565.1051	4589.1302
October	4573.4187	4440.9841	4483.6335
November	4493.9733	4431.1220	4467.7631
December	4480.3607	4380.8037	4430.0114