2018 MAD to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MAD to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MAD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 26585.2878. Conversely, the yearly low was recorded on January 3, dropping to 1.0674.
This high-to-low spread represents a total annual volatility of 26584.2203 VEF. From a start-to-finish perspective, comparing the January average rate of 1.0922 to the December average rate of 26050.8089, the exchange rate registered a net change of 2385171.96% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 26585.2878 was up 2297566.98% compared to the 2017 peak of 1.1571, 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 VEF 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 4547.0122, compared to 22268.9759 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17721.9637 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 15229.1670 VEF (High: 26486.2852 / Low: 11257.1183). On the other end, January was the most stable month, with a tight range of 0.0789 VEF (High: 1.1463 / Low: 1.0674).
Growth Streaks & Declines
TrendsBetween January and September, 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 September and October, when the average rate fell by 215.0289 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2018: 26415.3772) against the same month in 2017 (average: 1.0750), the exchange rate shifted by +26414.3022 (+2457152.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.1463 | 1.0674 | 1.0922 |
| February | 3133.4161 | 1.0877 | 1777.4554 |
| March | 4410.0098 | 3139.4656 | 3961.4951 |
| April | 7224.8348 | 4358.3966 | 5428.9805 |
| May | 8425.1554 | 7362.7577 | 7698.1487 |
| June | 8475.0302 | 8362.9263 | 8414.9012 |
| July | 11302.4274 | 8412.2973 | 9627.7004 |
| August | 26486.2852 | 11257.1183 | 19194.2482 |
| September | 26585.2878 | 26279.6760 | 26415.3772 |
| October | 26358.8510 | 25965.7765 | 26200.3482 |
| November | 26273.0540 | 25909.3654 | 26125.3726 |
| December | 26212.7582 | 25853.8319 | 26050.8089 |