YEARLY HIGH
0.0289 MAD
YEARLY LOW
0.0249 MAD
YEARLY AVERAGE
0.0266 MAD

2020 MRO to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MRO to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 6, valuing the pair at 0.0289. Conversely, the yearly low was recorded on December 19, dropping to 0.0249.

This high-to-low spread represents a total annual volatility of 0.0040 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0269 to the December average rate of 0.0252, the exchange rate registered a net change of -6.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0289 was up 5.50% compared to the 2019 peak of 0.0273, 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 144 MAD
2019 Average 135 MAD
Yearly Trough Low 124 MAD
Transaction Impact: A difference of 19.83 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0287
0.0248
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 0.0274, compared to 0.0258 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0274
H2 Avg (Jul–Dec) 0.0258

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0019 MAD (High: 0.0283 / Low: 0.0264). On the other end, January was the most stable month, with a tight range of 0.0002 MAD (High: 0.0270 / Low: 0.0268).

March Spread (Volatile) ±0.0019
January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 0.0009 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.0284) against the same month in 2019 (average: 0.0270), the exchange rate shifted by +0.0014 (+5.15%).

2020 Avg (April) 0.0284
2019 Avg (April) 0.0270

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0270 0.0268 0.0269
February 0.0273 0.0269 0.0271
March 0.0283 0.0264 0.0271
April 0.0289 0.0277 0.0284
May 0.0278 0.0274 0.0276
June 0.0274 0.0270 0.0271
July 0.0272 0.0261 0.0268
August 0.0262 0.0256 0.0259
September 0.0260 0.0255 0.0258
October 0.0259 0.0256 0.0258
November 0.0259 0.0254 0.0256
December 0.0261 0.0249 0.0252