2020 NAD to MAD Historical Review

YEARLY HIGH

0.6856 MAD

YEARLY LOW

0.5111 MAD

YEARLY AVERAGE

0.5792 MAD

2020 NAD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NAD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.6856. Conversely, the yearly low was recorded on October 7, dropping to 0.5111.

This high-to-low spread represents a total annual volatility of 0.1744 MAD. From a start-to-finish perspective, comparing the January average rate of 0.6693 to the December average rate of 0.6039, the exchange rate registered a net change of -9.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6856 was down 4.27% compared to the 2019 peak of 0.7162, 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 3,428 MAD

2019 Average 3,326 MAD

Yearly Trough Low 2,556 MAD

Transaction Impact: A difference of 872.21 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6830

0.5188

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 0.5922, compared to 0.5663 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0259 points.

H1 Avg (Jan–Jun) 0.5922

H2 Avg (Jul–Dec) 0.5663

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0668 MAD (High: 0.6237 / Low: 0.5569). On the other end, July was the most stable month, with a tight range of 0.0153 MAD (High: 0.5757 / Low: 0.5605).

March Spread (Volatile) ±0.0668

July Spread (Stable) ±0.0153

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 0.0630 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0630

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.6693) against the same month in 2019 (average: 0.6867), the exchange rate shifted by -0.0174 (-2.53%).

2020 Avg (January) 0.6693

2019 Avg (January) 0.6867

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6856	0.6493	0.6693
February	0.6543	0.6232	0.6463
March	0.6237	0.5569	0.5833
April	0.5729	0.5223	0.5464
May	0.5661	0.5279	0.5420
June	0.5808	0.5570	0.5656
July	0.5757	0.5605	0.5704
August	0.5628	0.5240	0.5325
September	0.5699	0.5255	0.5491
October	0.5690	0.5111	0.5543
November	0.5971	0.5657	0.5876
December	0.6183	0.5902	0.6039