2020 MAD to KES Historical Review

YEARLY HIGH

12.5456 KES

YEARLY LOW

10.2735 KES

YEARLY AVERAGE

11.2316 KES

2020 MAD to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MAD to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 12.5456. Conversely, the yearly low was recorded on April 2, dropping to 10.2735.

This high-to-low spread represents a total annual volatility of 2.2721 KES. From a start-to-finish perspective, comparing the January average rate of 10.5219 to the December average rate of 12.3028, the exchange rate registered a net change of 16.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 12.5456 was up 15.21% compared to the 2019 peak of 10.8890, 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 62,728 KES

2019 Average 53,037 KES

Yearly Trough Low 51,367 KES

Transaction Impact: A difference of 11,360.68 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

12.4910

10.2328

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 10.6658, compared to 11.7974 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1316 points.

H1 Avg (Jan–Jun) 10.6658

H2 Avg (Jul–Dec) 11.7974

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.6073 KES (High: 11.5622 / Low: 10.9549). On the other end, June was the most stable month, with a tight range of 0.1449 KES (High: 11.0665 / Low: 10.9216).

July Spread (Volatile) ±0.6073

June Spread (Stable) ±0.1449

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 0.2130 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.2130

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 12.3028) against the same month in 2019 (average: 10.5420), the exchange rate shifted by +1.7608 (+16.70%).

2020 Avg (December) 12.3028

2019 Avg (December) 10.5420

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.6027	10.4383	10.5219
February	10.5433	10.3509	10.4210
March	10.9175	10.4099	10.7201
April	10.8478	10.2735	10.5071
May	10.9167	10.7118	10.8332
June	11.0665	10.9216	10.9915
July	11.5622	10.9549	11.2389
August	11.8421	11.5320	11.7115
September	11.8768	11.6755	11.7585
October	11.8960	11.7170	11.8013
November	12.1400	11.7749	11.9717
December	12.5456	11.9931	12.3028