2018 NGN to MAD Historical Review

YEARLY HIGH

0.0266 MAD

YEARLY LOW

0.0253 MAD

YEARLY AVERAGE

0.0260 MAD

2018 NGN to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 29, valuing the pair at 0.0266. Conversely, the yearly low was recorded on February 15, dropping to 0.0253.

This high-to-low spread represents a total annual volatility of 0.0013 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0257 to the December average rate of 0.0262, the exchange rate registered a net change of 1.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0266 was down 20.08% compared to the 2017 peak of 0.0333, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 26,584 MAD

2017 Average 29,251 MAD

Yearly Trough Low 25,309 MAD

Transaction Impact: A difference of 1,274.41 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0264

0.0254

JanuMarcMayJulySeptNove

NGN 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 0.0258, compared to 0.0262 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0258

H2 Avg (Jul–Dec) 0.0262

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0008 MAD (High: 0.0266 / Low: 0.0258). On the other end, March was the most stable month, with a tight range of 0.0002 MAD (High: 0.0256 / Low: 0.0254).

May Spread (Volatile) ±0.0008

March Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and June, 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 August and September, when the average rate fell by 0.0003 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2018: 0.0262) against the same month in 2017 (average: 0.0310), the exchange rate shifted by -0.0049 (-15.67%).

2018 Avg (May) 0.0262

2017 Avg (May) 0.0310

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0261	0.0254	0.0257
February	0.0257	0.0253	0.0255
March	0.0256	0.0254	0.0255
April	0.0258	0.0254	0.0256
May	0.0266	0.0258	0.0262
June	0.0266	0.0261	0.0264
July	0.0264	0.0261	0.0262
August	0.0266	0.0259	0.0263
September	0.0263	0.0257	0.0260
October	0.0263	0.0259	0.0261
November	0.0264	0.0260	0.0262
December	0.0265	0.0260	0.0262