2019 NAD to MAD Historical Review

YEARLY HIGH

0.7162 MAD

YEARLY LOW

0.2621 MAD

YEARLY AVERAGE

0.6653 MAD

2019 NAD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NAD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.7162. Conversely, the yearly low was recorded on May 19, dropping to 0.2621.

This high-to-low spread represents a total annual volatility of 0.4540 MAD. From a start-to-finish perspective, comparing the January average rate of 0.6867 to the December average rate of 0.6678, the exchange rate registered a net change of -2.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.7162 was down 10.26% compared to the 2018 peak of 0.7981, 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 3,581 MAD

2018 Average 3,567 MAD

Yearly Trough Low 1,311 MAD

Transaction Impact: A difference of 2,270.16 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.6983

0.6286

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 0.6743, compared to 0.6563 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0180 points.

H1 Avg (Jan–Jun) 0.6743

H2 Avg (Jul–Dec) 0.6563

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 0.4177 MAD (High: 0.6798 / Low: 0.2621). On the other end, July was the most stable month, with a tight range of 0.0181 MAD (High: 0.6921 / Low: 0.6740).

May Spread (Volatile) ±0.4177

July Spread (Stable) ±0.0181

Growth Streaks & Declines

Trends

Between May and July, 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 July and August, when the average rate fell by 0.0495 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0495

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 0.6925) against the same month in 2018 (average: 0.7772), the exchange rate shifted by -0.0847 (-10.90%).

2019 Avg (February) 0.6925

2018 Avg (February) 0.7772

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7148	0.6645	0.6867
February	0.7162	0.6757	0.6925
March	0.6885	0.6597	0.6692
April	0.6881	0.6599	0.6803
May	0.6798	0.2621	0.6582
June	0.6785	0.6400	0.6592
July	0.6921	0.6740	0.6839
August	0.6787	0.6185	0.6344
September	0.6615	0.6350	0.6515
October	0.6621	0.6358	0.6480
November	0.6603	0.6360	0.6523
December	0.6845	0.6510	0.6678