2019 MAD to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 MAD to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the MAD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 37.8047. Conversely, the yearly low was recorded on September 30, dropping to 36.5636.
This high-to-low spread represents a total annual volatility of 1.2411 MRO. From a start-to-finish perspective, comparing the January average rate of 37.4513 to the December average rate of 37.1029, the exchange rate registered a net change of -0.93% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 37.8047 was down 3.06% compared to the 2018 peak of 38.9974, 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 2019.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 37.1869, compared to 37.0714 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1155 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was June, with a trading range of 0.7788 MRO (High: 37.5371 / Low: 36.7583). On the other end, February was the most stable month, with a tight range of 0.2441 MRO (High: 37.5793 / Low: 37.3353).
Growth Streaks & Declines
TrendsBetween May and August, 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 0.3485 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 37.4513) against the same month in 2018 (average: 38.3573), the exchange rate shifted by -0.9060 (-2.36%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 37.8047 | 37.0874 | 37.4513 |
| February | 37.5793 | 37.3353 | 37.4217 |
| March | 37.3408 | 36.9356 | 37.1392 |
| April | 37.2197 | 36.8890 | 37.0426 |
| May | 37.0536 | 36.6816 | 36.9047 |
| June | 37.5371 | 36.7583 | 37.1617 |
| July | 37.3650 | 37.0025 | 37.2265 |
| August | 37.6513 | 36.9776 | 37.2390 |
| September | 37.2615 | 36.5636 | 36.8905 |
| October | 37.1923 | 36.7368 | 36.9778 |
| November | 37.1359 | 36.8585 | 36.9914 |
| December | 37.3274 | 36.9829 | 37.1029 |