2019 MAD to IRR Historical Review

YEARLY HIGH

4546.3082 IRR

YEARLY LOW

4312.3508 IRR

YEARLY AVERAGE

4384.1882 IRR

2019 MAD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MAD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 4546.3082. Conversely, the yearly low was recorded on September 30, dropping to 4312.3508.

This high-to-low spread represents a total annual volatility of 233.9573 IRR. From a start-to-finish perspective, comparing the January average rate of 4438.5144 to the December average rate of 4375.9790, the exchange rate registered a net change of -1.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 4546.3082 was down 2.17% compared to the 2018 peak of 4647.0450, 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 22,731,541 IRR

2018 Average 21,661,313 IRR

Yearly Trough Low 21,561,754 IRR

Transaction Impact: A difference of 1,169,786.69 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

4447.1483

4343.5415

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 4395.8636, compared to 4372.5128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 23.3509 points.

H1 Avg (Jan–Jun) 4395.8636

H2 Avg (Jul–Dec) 4372.5128

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 172.1717 IRR (High: 4546.3082 / Low: 4374.1364). On the other end, November was the most stable month, with a tight range of 37.6964 IRR (High: 4384.8321 / Low: 4347.1357).

January Spread (Volatile) ±172.1717

November Spread (Stable) ±37.6964

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 39.9578 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -39.9578

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 4438.5144) against the same month in 2018 (average: 3895.8982), the exchange rate shifted by +542.6162 (+13.93%).

2019 Avg (January) 4438.5144

2018 Avg (January) 3895.8982

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4546.3082	4374.1364	4438.5144
February	4457.6792	4403.3675	4415.0905
March	4446.2899	4356.2253	4387.2715
April	4425.9247	4350.7355	4379.8941
May	4406.8196	4326.2679	4358.9620
June	4473.1384	4335.3137	4395.4492
July	4406.8701	4364.1142	4390.5326
August	4440.6383	4361.1787	4392.1332
September	4415.8061	4312.3508	4352.1754
October	4386.5087	4332.7779	4361.2716
November	4384.8321	4347.1357	4362.9848
December	4402.4407	4361.8081	4375.9790