2019 NGN to MAD Historical Review

YEARLY HIGH

0.0316 MAD

YEARLY LOW

0.0258 MAD

YEARLY AVERAGE

0.0267 MAD

2019 NGN to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.0316. Conversely, the yearly low was recorded on January 9, dropping to 0.0258.

This high-to-low spread represents a total annual volatility of 0.0057 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0262 to the December average rate of 0.0265, the exchange rate registered a net change of 1.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0316 was up 18.73% compared to the 2018 peak of 0.0266, 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 31,562 MAD

2018 Average 25,983 MAD

Yearly Trough Low 25,845 MAD

Transaction Impact: A difference of 5,716.27 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0279

0.0261

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 0.0268, compared to 0.0267 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0268

H2 Avg (Jul–Dec) 0.0267

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0052 MAD (High: 0.0316 / Low: 0.0264). On the other end, February was the most stable month, with a tight range of 0.0002 MAD (High: 0.0265 / Low: 0.0263).

June Spread (Volatile) ±0.0052

February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0012 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 0.0278) against the same month in 2018 (average: 0.0264), the exchange rate shifted by +0.0014 (+5.34%).

2019 Avg (June) 0.0278

2018 Avg (June) 0.0264

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0265	0.0258	0.0262
February	0.0265	0.0263	0.0264
March	0.0268	0.0264	0.0267
April	0.0269	0.0266	0.0268
May	0.0270	0.0267	0.0269
June	0.0316	0.0264	0.0278
July	0.0267	0.0265	0.0266
August	0.0313	0.0262	0.0268
September	0.0270	0.0266	0.0268
October	0.0269	0.0265	0.0267
November	0.0268	0.0265	0.0266
December	0.0266	0.0263	0.0265