2018 NPR to MAD Historical Review

YEARLY HIGH

0.0922 MAD

YEARLY LOW

0.0795 MAD

YEARLY AVERAGE

0.0860 MAD

2018 NPR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NPR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0922. Conversely, the yearly low was recorded on October 11, dropping to 0.0795.

This high-to-low spread represents a total annual volatility of 0.0127 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0909 to the December average rate of 0.0844, the exchange rate registered a net change of -7.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0922 was down 5.84% compared to the 2017 peak of 0.0979, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 461 MAD

2017 Average 466 MAD

Yearly Trough Low 398 MAD

Transaction Impact: A difference of 63.46 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0919

0.0795

JanuMarcMayJulySeptNove

NPR 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 0.0885, compared to 0.0834 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0051 points.

H1 Avg (Jan–Jun) 0.0885

H2 Avg (Jul–Dec) 0.0834

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0044 MAD (High: 0.0854 / Low: 0.0810). On the other end, March was the most stable month, with a tight range of 0.0006 MAD (High: 0.0885 / Low: 0.0879).

November Spread (Volatile) ±0.0044

March Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.0036 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.0909) against the same month in 2017 (average: 0.0924), the exchange rate shifted by -0.0015 (-1.62%).

2018 Avg (January) 0.0909

2017 Avg (January) 0.0924

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0922	0.0899	0.0909
February	0.0899	0.0884	0.0892
March	0.0885	0.0879	0.0883
April	0.0888	0.0865	0.0877
May	0.0883	0.0865	0.0873
June	0.0885	0.0866	0.0876
July	0.0866	0.0856	0.0861
August	0.0866	0.0830	0.0852
September	0.0831	0.0804	0.0816
October	0.0814	0.0795	0.0805
November	0.0854	0.0810	0.0828
December	0.0856	0.0824	0.0844