2020 MAD to MRO Historical Review

YEARLY HIGH

40.1801 MRO

YEARLY LOW

34.6573 MRO

YEARLY AVERAGE

37.6393 MRO

2020 MAD to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MAD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 40.1801. Conversely, the yearly low was recorded on April 6, dropping to 34.6573.

This high-to-low spread represents a total annual volatility of 5.5227 MRO. From a start-to-finish perspective, comparing the January average rate of 37.1578 to the December average rate of 39.7482, the exchange rate registered a net change of 6.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 40.1801 was up 6.28% compared to the 2019 peak of 37.8047, 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 200,900 MRO

2019 Average 185,639 MRO

Yearly Trough Low 173,287 MRO

Transaction Impact: A difference of 27,613.72 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

40.1995

34.7836

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 36.5492, compared to 38.7294 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1802 points.

H1 Avg (Jan–Jun) 36.5492

H2 Avg (Jul–Dec) 38.7294

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2.5534 MRO (High: 37.8807 / Low: 35.3273). On the other end, January was the most stable month, with a tight range of 0.3011 MRO (High: 37.2998 / Low: 36.9987).

March Spread (Volatile) ±2.5534

January Spread (Stable) ±0.3011

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 1.6467 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -1.6467

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 39.7482) against the same month in 2019 (average: 37.1029), the exchange rate shifted by +2.6453 (+7.13%).

2020 Avg (December) 39.7482

2019 Avg (December) 37.1029

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	37.2998	36.9987	37.1578
February	37.2020	36.6459	36.8954
March	37.8807	35.3273	36.8816
April	36.1156	34.6573	35.2349
May	36.4912	36.0169	36.2447
June	37.0839	36.5075	36.8809
July	38.3047	36.7393	37.3830
August	39.0216	38.1726	38.6675
September	39.1541	38.4163	38.7112
October	39.0164	38.5490	38.7759
November	39.3822	38.6186	39.0908
December	40.1801	38.3651	39.7482