YEARLY HIGH
0.5246 MAD
YEARLY LOW
0.3879 MAD
YEARLY AVERAGE
0.4445 MAD

2020 MXN to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MXN to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 0.5246. Conversely, the yearly low was recorded on March 23, dropping to 0.3879.

This high-to-low spread represents a total annual volatility of 0.1367 MAD. From a start-to-finish perspective, comparing the January average rate of 0.5110 to the December average rate of 0.4502, the exchange rate registered a net change of -11.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5246 was up 2.23% compared to the 2019 peak of 0.5132, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 26,229 MAD
2019 Average 24,984 MAD
Yearly Trough Low 19,396 MAD
Transaction Impact: A difference of 6,833.75 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5232
0.4071
JanuMarcMayJulySeptNove

MXN 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 0.4555, compared to 0.4335 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0220 points.

H1 Avg (Jan–Jun) 0.4555
H2 Avg (Jul–Dec) 0.4335

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1041 MAD (High: 0.4920 / Low: 0.3879). On the other end, August was the most stable month, with a tight range of 0.0094 MAD (High: 0.4211 / Low: 0.4118).

March Spread (Volatile) ±0.1041
August Spread (Stable) ±0.0094

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0776 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0776

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.5136) against the same month in 2019 (average: 0.4974), the exchange rate shifted by +0.0161 (+3.24%).

2020 Avg (February) 0.5136
2019 Avg (February) 0.4974

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5160 0.5053 0.5110
February 0.5246 0.4893 0.5136
March 0.4920 0.3879 0.4359
April 0.4381 0.3987 0.4187
May 0.4439 0.3961 0.4204
June 0.4503 0.4211 0.4335
July 0.4331 0.4183 0.4264
August 0.4211 0.4118 0.4168
September 0.4426 0.4132 0.4265
October 0.4386 0.4230 0.4334
November 0.4559 0.4325 0.4479
December 0.4637 0.4423 0.4502