YEARLY HIGH
38.9974 MRO
YEARLY LOW
21.9452 MRO
YEARLY AVERAGE
37.8659 MRO

2018 MAD to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MAD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 38.9974. Conversely, the yearly low was recorded on October 8, dropping to 21.9452.

This high-to-low spread represents a total annual volatility of 17.0521 MRO. From a start-to-finish perspective, comparing the January average rate of 38.3573 to the December average rate of 37.4270, the exchange rate registered a net change of -2.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 38.9974 was down 0.79% compared to the 2017 peak of 39.3093, 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 194,987 MRO
2017 Average 185,595 MRO
Yearly Trough Low 109,726 MRO
Transaction Impact: A difference of 85,260.74 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

38.9350
36.4177
JanuMarcMayJulySeptNove

MAD to MRO 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 38.2628, compared to 37.4689 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7940 points.

H1 Avg (Jan–Jun) 38.2628
H2 Avg (Jul–Dec) 37.4689

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 15.9267 MRO (High: 37.8720 / Low: 21.9452). On the other end, March was the most stable month, with a tight range of 0.3111 MRO (High: 38.9039 / Low: 38.5929).

October Spread (Volatile) ±15.9267
March Spread (Stable) ±0.3111

Growth Streaks & Declines

Trends

Between 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 September and October, when the average rate fell by 1.3435 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.3435

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 38.6692) against the same month in 2017 (average: 35.6795), the exchange rate shifted by +2.9897 (+8.38%).

2018 Avg (February) 38.6692
2017 Avg (February) 35.6795

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 38.8843 37.6937 38.3573
February 38.9974 38.3610 38.6692
March 38.9039 38.5929 38.7252
April 38.9168 38.2598 38.5901
May 38.2191 37.2137 37.7664
June 37.7213 37.2256 37.4688
July 37.8586 37.4289 37.6473
August 38.0551 37.2998 37.6074
September 38.2508 37.7582 37.9709
October 37.8720 21.9452 36.6274
November 37.7523 37.2243 37.5332
December 37.6596 37.1440 37.4270