2020 MAD to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MAD to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MAD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 86.6629. Conversely, the yearly low was recorded on April 6, dropping to 71.4256.
This high-to-low spread represents a total annual volatility of 15.2374 MWK. From a start-to-finish perspective, comparing the January average rate of 76.6287 to the December average rate of 85.4059, the exchange rate registered a net change of 11.45% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 86.6629 was up 5.27% compared to the 2019 peak of 82.3232, 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 MWK 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 75.3586, compared to 81.6211 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.2626 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 5.0520 MWK (High: 78.0564 / Low: 73.0045). On the other end, January was the most stable month, with a tight range of 0.8250 MWK (High: 76.9878 / Low: 76.1628).
Growth Streaks & Declines
TrendsBetween 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 3.4150 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 85.4059) against the same month in 2019 (average: 76.2566), the exchange rate shifted by +9.1492 (+12.00%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 76.9878 | 76.1628 | 76.6287 |
| February | 76.8429 | 75.1918 | 75.9046 |
| March | 78.0564 | 73.0045 | 76.0520 |
| April | 74.5475 | 71.4256 | 72.6370 |
| May | 75.4236 | 74.3335 | 74.7443 |
| June | 76.7239 | 75.6665 | 76.1849 |
| July | 79.6472 | 75.7593 | 77.1756 |
| August | 81.7981 | 79.1445 | 80.7625 |
| September | 82.0639 | 80.7708 | 81.2847 |
| October | 82.6057 | 81.0625 | 81.8788 |
| November | 84.3905 | 81.5402 | 83.2195 |
| December | 86.6629 | 82.2090 | 85.4059 |