YEARLY HIGH
6.7792 MAD
YEARLY LOW
6.0916 MAD
YEARLY AVERAGE
6.4966 MAD

2018 NZD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NZD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 12, valuing the pair at 6.7792. Conversely, the yearly low was recorded on October 7, dropping to 6.0916.

This high-to-low spread represents a total annual volatility of 0.6876 MAD. From a start-to-finish perspective, comparing the January average rate of 6.7114 to the December average rate of 6.4910, the exchange rate registered a net change of -3.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 6.7792 was down 7.48% compared to the 2017 peak of 7.3276, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 33,896 MAD
2017 Average 34,490 MAD
Yearly Trough Low 30,458 MAD
Transaction Impact: A difference of 3,437.82 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

6.7655
6.1347
JanuMarcMayJulySeptNove

NZD 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 6.6482, compared to 6.3450 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3032 points.

H1 Avg (Jan–Jun) 6.6482
H2 Avg (Jul–Dec) 6.3450

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.2534 MAD (High: 6.6693 / Low: 6.4159). On the other end, July was the most stable month, with a tight range of 0.0841 MAD (High: 6.4572 / Low: 6.3731).

June Spread (Volatile) ±0.2534
July Spread (Stable) ±0.0841

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 June and July, when the average rate fell by 0.1651 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1651

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 6.6682) against the same month in 2017 (average: 6.9939), the exchange rate shifted by -0.3258 (-4.66%).

2018 Avg (April) 6.6682
2017 Avg (April) 6.9939

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.7715 6.6131 6.7114
February 6.7641 6.6526 6.7130
March 6.7214 6.6140 6.6608
April 6.7792 6.5392 6.6682
May 6.6449 6.4631 6.5486
June 6.6693 6.4159 6.5875
July 6.4572 6.3731 6.4224
August 6.4263 6.2435 6.3190
September 6.2538 6.1465 6.2059
October 6.2706 6.0916 6.1873
November 6.5464 6.3254 6.4445
December 6.5996 6.3900 6.4910