2018 PGK to MAD Historical Review

YEARLY HIGH

2.9321 MAD

YEARLY LOW

2.8067 MAD

YEARLY AVERAGE

2.8561 MAD

2018 PGK to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PGK to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 29, valuing the pair at 2.9321. Conversely, the yearly low was recorded on November 19, dropping to 2.8067.

This high-to-low spread represents a total annual volatility of 0.1253 MAD. From a start-to-finish perspective, comparing the January average rate of 2.8711 to the December average rate of 2.8334, the exchange rate registered a net change of -1.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.9321 was down 8.96% compared to the 2017 peak of 3.2205, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,660 MAD

2017 Average 15,214 MAD

Yearly Trough Low 14,034 MAD

Transaction Impact: A difference of 626.72 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.9090

2.8236

JanuMarcMayJulySeptNove

PGK 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 2.8671, compared to 2.8451 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0219 points.

H1 Avg (Jan–Jun) 2.8671

H2 Avg (Jul–Dec) 2.8451

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0871 MAD (High: 2.9321 / Low: 2.8450). On the other end, July was the most stable month, with a tight range of 0.0344 MAD (High: 2.8974 / Low: 2.8629).

May Spread (Volatile) ±0.0871

July Spread (Stable) ±0.0344

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0349 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0349

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2018: 2.8852) against the same month in 2017 (average: 3.0908), the exchange rate shifted by -0.2056 (-6.65%).

2018 Avg (May) 2.8852

2017 Avg (May) 3.0908

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9073	2.8438	2.8711
February	2.8990	2.8257	2.8571
March	2.8795	2.8179	2.8490
April	2.8596	2.8157	2.8381
May	2.9321	2.8450	2.8852
June	2.9315	2.8648	2.9019
July	2.8974	2.8629	2.8768
August	2.8897	2.8296	2.8657
September	2.8600	2.8102	2.8307
October	2.8538	2.8113	2.8310
November	2.8584	2.8067	2.8332
December	2.8699	2.8130	2.8334