2018 MAD to KES Historical Review

YEARLY HIGH

11.1917 KES

YEARLY LOW

10.5187 KES

YEARLY AVERAGE

10.7933 KES

2018 MAD to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MAD to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 11.1917. Conversely, the yearly low was recorded on August 14, dropping to 10.5187.

This high-to-low spread represents a total annual volatility of 0.6730 KES. From a start-to-finish perspective, comparing the January average rate of 11.1186 to the December average rate of 10.7138, the exchange rate registered a net change of -3.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 11.1917 was up 0.82% compared to the 2017 peak of 11.1011, 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 55,958 KES

2017 Average 53,318 KES

Yearly Trough Low 52,593 KES

Transaction Impact: A difference of 3,364.97 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

11.1687

10.5672

JanuMarcMayJulySeptNove

MAD to KES 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 10.9017, compared to 10.6850 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2167 points.

H1 Avg (Jan–Jun) 10.9017

H2 Avg (Jul–Dec) 10.6850

Volatility Range Comparison

Volatility

The most volatile month in 2018 was February, with a trading range of 0.2903 KES (High: 11.1771 / Low: 10.8867). On the other end, October was the most stable month, with a tight range of 0.1047 KES (High: 10.7068 / Low: 10.6021).

February Spread (Volatile) ±0.2903

October Spread (Stable) ±0.1047

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.2368 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.2368

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 11.1186) against the same month in 2017 (average: 10.3101), the exchange rate shifted by +0.8084 (+7.84%).

2018 Avg (January) 11.1186

2017 Avg (January) 10.3101

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.1917	10.9968	11.1186
February	11.1771	10.8867	11.0340
March	11.0751	10.9421	11.0143
April	11.0225	10.7936	10.9209
May	10.8033	10.5951	10.6841
June	10.7222	10.5663	10.6383
July	10.7003	10.5927	10.6423
August	10.7386	10.5187	10.6174
September	10.8018	10.6503	10.7212
October	10.7068	10.6021	10.6590
November	10.8720	10.6377	10.7562
December	10.8053	10.6445	10.7138