YEARLY HIGH
3.4344 MAD
YEARLY LOW
2.7906 MAD
YEARLY AVERAGE
2.8424 MAD

2019 PGK to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the PGK to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 3.4344. Conversely, the yearly low was recorded on August 24, dropping to 2.7906.

This high-to-low spread represents a total annual volatility of 0.6439 MAD. From a start-to-finish perspective, comparing the January average rate of 2.8340 to the December average rate of 2.8229, the exchange rate registered a net change of -0.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 3.4344 was up 17.13% compared to the 2018 peak of 2.9321, 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 17,172 MAD
2018 Average 14,281 MAD
Yearly Trough Low 13,953 MAD
Transaction Impact: A difference of 3,219.47 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.8719
2.8185
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 2.8474, compared to 2.8373 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0102 points.

H1 Avg (Jan–Jun) 2.8474
H2 Avg (Jul–Dec) 2.8373

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 0.6375 MAD (High: 3.4344 / Low: 2.7970). On the other end, February was the most stable month, with a tight range of 0.0236 MAD (High: 2.8437 / Low: 2.8201).

November Spread (Volatile) ±0.6375
February Spread (Stable) ±0.0236

Growth Streaks & Declines

Trends

Between January and May, 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 November and December, when the average rate fell by 0.0292 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0292

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 2.8521) against the same month in 2018 (average: 2.8332), the exchange rate shifted by +0.0190 (+0.67%).

2019 Avg (November) 2.8521
2018 Avg (November) 2.8332

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8594 2.8014 2.8340
February 2.8437 2.8201 2.8346
March 2.8641 2.8332 2.8493
April 2.8795 2.8375 2.8566
May 2.8814 2.8546 2.8674
June 2.8830 2.8113 2.8428
July 2.8476 2.8146 2.8319
August 2.8557 2.7906 2.8235
September 2.8703 2.8054 2.8484
October 2.8639 2.8094 2.8449
November 3.4344 2.7970 2.8521
December 2.8459 2.7945 2.8229