2020 MAD to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MAD to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MAD to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on September 1, valuing the pair at 130.0136. Conversely, the yearly low was recorded on December 14, dropping to 117.4646.
This high-to-low spread represents a total annual volatility of 12.5490 KRW. From a start-to-finish perspective, comparing the January average rate of 121.3681 to the December average rate of 121.8304, the exchange rate registered a net change of 0.38% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 130.0136 was up 1.57% compared to the 2019 peak of 127.9986, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
MAD to KRW Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 123.4422, compared to 125.0173 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5750 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 9.1457 KRW (High: 129.6415 / Low: 120.4958). On the other end, November was the most stable month, with a tight range of 2.0627 KRW (High: 123.1906 / Low: 121.1279).
Growth Streaks & Declines
TrendsBetween 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 March and April, when the average rate fell by 4.9401 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2020: 127.7292) against the same month in 2019 (average: 123.4566), the exchange rate shifted by +4.2725 (+3.46%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 124.6289 | 120.1310 | 121.3681 |
| February | 125.7968 | 121.6934 | 123.4917 |
| March | 129.6415 | 120.4958 | 125.6188 |
| April | 123.9879 | 118.3410 | 120.6787 |
| May | 125.8762 | 123.2900 | 124.8096 |
| June | 126.0518 | 123.4737 | 124.6866 |
| July | 128.1534 | 123.4806 | 125.5671 |
| August | 129.8545 | 127.5351 | 128.5940 |
| September | 130.0136 | 125.7171 | 127.7292 |
| October | 126.1055 | 122.4493 | 124.2866 |
| November | 123.1906 | 121.1279 | 122.0965 |
| December | 123.7456 | 117.4646 | 121.8304 |