2018 MAD to NIO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MAD to NIO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MAD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on September 23, valuing the pair at 3.4516. Conversely, the yearly low was recorded on May 29, dropping to 3.2896.
This high-to-low spread represents a total annual volatility of 0.1620 NIO. From a start-to-finish perspective, comparing the January average rate of 3.3464 to the December average rate of 3.4007, the exchange rate registered a net change of 1.62% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 3.4516 was up 4.75% compared to the 2017 peak of 3.2953, 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 2018.
MAD to NIO 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 3.3618, compared to 3.3849 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0231 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was January, with a trading range of 0.1114 NIO (High: 3.4043 / Low: 3.2929). On the other end, October was the most stable month, with a tight range of 0.0387 NIO (High: 3.4081 / Low: 3.3694).
Growth Streaks & Declines
TrendsBetween June and September, 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 April and May, when the average rate fell by 0.0577 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2018: 3.4064) against the same month in 2017 (average: 3.2368), the exchange rate shifted by +0.1695 (+5.24%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.4043 | 3.2929 | 3.3464 |
| February | 3.4175 | 3.3577 | 3.3897 |
| March | 3.4235 | 3.3730 | 3.3925 |
| April | 3.4053 | 3.3635 | 3.3869 |
| May | 3.3565 | 3.2896 | 3.3292 |
| June | 3.3505 | 3.3051 | 3.3258 |
| July | 3.3831 | 3.3313 | 3.3533 |
| August | 3.4060 | 3.3320 | 3.3621 |
| September | 3.4516 | 3.3829 | 3.4064 |
| October | 3.4081 | 3.3694 | 3.3920 |
| November | 3.4150 | 3.3696 | 3.3947 |
| December | 3.4194 | 3.3731 | 3.4007 |