YEARLY HIGH
2.3724 MAD
YEARLY LOW
2.1900 MAD
YEARLY AVERAGE
2.2602 MAD

2020 MYR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MYR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 2.3724. Conversely, the yearly low was recorded on August 18, dropping to 2.1900.

This high-to-low spread represents a total annual volatility of 0.1824 MAD. From a start-to-finish perspective, comparing the January average rate of 2.3560 to the December average rate of 2.2143, the exchange rate registered a net change of -6.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.3724 was up 0.05% compared to the 2019 peak of 2.3712, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 47,448 MAD
2019 Average 46,435 MAD
Yearly Trough Low 43,799 MAD
Transaction Impact: A difference of 3,648.96 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.3711
2.1893
JanuMarcMayJulySeptNove

MYR 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 2.3003, compared to 2.2200 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0803 points.

H1 Avg (Jan–Jun) 2.3003
H2 Avg (Jul–Dec) 2.2200

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1317 MAD (High: 2.3433 / Low: 2.2116). On the other end, August was the most stable month, with a tight range of 0.0282 MAD (High: 2.2182 / Low: 2.1900).

March Spread (Volatile) ±0.1317
August Spread (Stable) ±0.0282

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0727 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0727

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 2.3560) against the same month in 2019 (average: 2.3161), the exchange rate shifted by +0.0398 (+1.72%).

2020 Avg (January) 2.3560
2019 Avg (January) 2.3161

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3724 2.3351 2.3560
February 2.3464 2.2778 2.3268
March 2.3433 2.2116 2.2542
April 2.3719 2.2726 2.3299
May 2.3038 2.2519 2.2701
June 2.2802 2.2500 2.2649
July 2.2669 2.1981 2.2393
August 2.2182 2.1900 2.2044
September 2.2449 2.1984 2.2226
October 2.2305 2.1994 2.2176
November 2.2364 2.2077 2.2218
December 2.2956 2.1952 2.2143