2018 NAD to MAD Historical Review

YEARLY HIGH

0.7981 MAD

YEARLY LOW

0.6220 MAD

YEARLY AVERAGE

0.7138 MAD

2018 NAD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NAD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.7981. Conversely, the yearly low was recorded on September 5, dropping to 0.6220.

This high-to-low spread represents a total annual volatility of 0.1761 MAD. From a start-to-finish perspective, comparing the January average rate of 0.7594 to the December average rate of 0.6702, the exchange rate registered a net change of -11.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.7981 was down 0.57% compared to the 2017 peak of 0.8027, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,990 MAD

2017 Average 3,650 MAD

Yearly Trough Low 3,110 MAD

Transaction Impact: A difference of 880.38 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.7905

0.6304

JanuMarcMayJulySeptNove

NAD 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 0.7572, compared to 0.6705 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0868 points.

H1 Avg (Jan–Jun) 0.7572

H2 Avg (Jul–Dec) 0.6705

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.0677 MAD (High: 0.7542 / Low: 0.6864). On the other end, March was the most stable month, with a tight range of 0.0242 MAD (High: 0.7854 / Low: 0.7612).

June Spread (Volatile) ±0.0677

March Spread (Stable) ±0.0242

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0348 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0348

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.7772) against the same month in 2017 (average: 0.7621), the exchange rate shifted by +0.0151 (+1.98%).

2018 Avg (February) 0.7772

2017 Avg (February) 0.7621

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7767	0.7486	0.7594
February	0.7981	0.7564	0.7772
March	0.7854	0.7612	0.7749
April	0.7791	0.7443	0.7613
May	0.7698	0.7396	0.7527
June	0.7542	0.6864	0.7179
July	0.7209	0.6860	0.7029
August	0.7173	0.6503	0.6774
September	0.6663	0.6220	0.6437
October	0.6688	0.6380	0.6538
November	0.6929	0.6581	0.6747
December	0.6957	0.6550	0.6702