2018 MRO to MAD Historical Review

YEARLY HIGH

0.0456 MAD

YEARLY LOW

0.0256 MAD

YEARLY AVERAGE

0.0265 MAD

2018 MRO to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MRO to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 0.0456. Conversely, the yearly low was recorded on February 1, dropping to 0.0256.

This high-to-low spread represents a total annual volatility of 0.0199 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0261 to the December average rate of 0.0267, the exchange rate registered a net change of 2.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0456 was up 60.27% compared to the 2017 peak of 0.0284, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 228 MAD

2017 Average 135 MAD

Yearly Trough Low 128 MAD

Transaction Impact: A difference of 99.63 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0280

0.0256

JanuMarcMayJulySeptNove

MRO 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 0.0261, compared to 0.0268 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0261

H2 Avg (Jul–Dec) 0.0268

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0192 MAD (High: 0.0456 / Low: 0.0264). On the other end, March was the most stable month, with a tight range of 0.0002 MAD (High: 0.0259 / Low: 0.0257).

October Spread (Volatile) ±0.0192

March Spread (Stable) ±0.0002

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 October and November, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.0278) against the same month in 2017 (average: 0.0262), the exchange rate shifted by +0.0016 (+6.19%).

2018 Avg (October) 0.0278

2017 Avg (October) 0.0262

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0265	0.0257	0.0261
February	0.0261	0.0256	0.0259
March	0.0259	0.0257	0.0258
April	0.0261	0.0257	0.0259
May	0.0269	0.0262	0.0265
June	0.0269	0.0265	0.0267
July	0.0267	0.0264	0.0266
August	0.0268	0.0263	0.0266
September	0.0265	0.0261	0.0263
October	0.0456	0.0264	0.0278
November	0.0269	0.0265	0.0266
December	0.0269	0.0266	0.0267