2018 MOP to MAD Historical Review

YEARLY HIGH

1.1947 MAD

YEARLY LOW

1.1300 MAD

YEARLY AVERAGE

1.1628 MAD

2018 MOP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MOP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 1.1947. Conversely, the yearly low was recorded on March 26, dropping to 1.1300.

This high-to-low spread represents a total annual volatility of 0.0646 MAD. From a start-to-finish perspective, comparing the January average rate of 1.1491 to the December average rate of 1.1837, the exchange rate registered a net change of 3.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.1947 was down 6.47% compared to the 2017 peak of 1.2773, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MOP based on timing:

Yearly Peak High 5,973 MAD

2017 Average 6,048 MAD

Yearly Trough Low 5,650 MAD

Transaction Impact: A difference of 323.13 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.1883

1.1328

JanuMarcMayJulySeptNove

MOP to MAD 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 1.1511, compared to 1.1746 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0235 points.

H1 Avg (Jan–Jun) 1.1511

H2 Avg (Jul–Dec) 1.1746

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0342 MAD (High: 1.1833 / Low: 1.1492). On the other end, July was the most stable month, with a tight range of 0.0093 MAD (High: 1.1755 / Low: 1.1661).

May Spread (Volatile) ±0.0342

July Spread (Stable) ±0.0093

Growth Streaks & Declines

Trends

Between March and June, 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 January and February, when the average rate fell by 0.0085 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 1.1837) against the same month in 2017 (average: 1.1707), the exchange rate shifted by +0.0130 (+1.11%).

2018 Avg (December) 1.1837

2017 Avg (December) 1.1707

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1654	1.1358	1.1491
February	1.1488	1.1320	1.1406
March	1.1443	1.1300	1.1374
April	1.1487	1.1332	1.1397
May	1.1833	1.1492	1.1652
June	1.1818	1.1659	1.1747
July	1.1755	1.1661	1.1701
August	1.1842	1.1596	1.1733
September	1.1683	1.1574	1.1650
October	1.1839	1.1677	1.1750
November	1.1891	1.1723	1.1801
December	1.1947	1.1764	1.1837