2018 MAD to NAD Historical Review

YEARLY HIGH

1.6077 NAD

YEARLY LOW

1.2530 NAD

YEARLY AVERAGE

1.4076 NAD

2018 MAD to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MAD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 1.6077. Conversely, the yearly low was recorded on February 24, dropping to 1.2530.

This high-to-low spread represents a total annual volatility of 0.3547 NAD. From a start-to-finish perspective, comparing the January average rate of 1.3170 to the December average rate of 1.4926, the exchange rate registered a net change of 13.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.6077 was up 4.89% compared to the 2017 peak of 1.5327, 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 8,038 NAD

2017 Average 6,862 NAD

Yearly Trough Low 6,265 NAD

Transaction Impact: A difference of 1,773.43 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.5809

1.2604

JanuMarcMayJulySeptNove

MAD to NAD 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 1.3219, compared to 1.4933 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1714 points.

H1 Avg (Jan–Jun) 1.3219

H2 Avg (Jul–Dec) 1.4933

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.1435 NAD (High: 1.5377 / Low: 1.3942). On the other end, March was the most stable month, with a tight range of 0.0405 NAD (High: 1.3138 / Low: 1.2732).

August Spread (Volatile) ±0.1435

March Spread (Stable) ±0.0405

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0473 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0473

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 1.5542) against the same month in 2017 (average: 1.4046), the exchange rate shifted by +0.1496 (+10.65%).

2018 Avg (September) 1.5542

2017 Avg (September) 1.4046

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3358	1.2875	1.3170
February	1.3221	1.2530	1.2871
March	1.3138	1.2732	1.2905
April	1.3435	1.2835	1.3138
May	1.3521	1.2990	1.3287
June	1.4568	1.3260	1.3940
July	1.4576	1.3871	1.4229
August	1.5377	1.3942	1.4780
September	1.6077	1.5008	1.5542
October	1.5675	1.4952	1.5298
November	1.5195	1.4433	1.4824
December	1.5266	1.4373	1.4926