YEARLY HIGH
0.1879 MAD
YEARLY LOW
0.1723 MAD
YEARLY AVERAGE
0.1783 MAD

2018 PHP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PHP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1879. Conversely, the yearly low was recorded on September 22, dropping to 0.1723.

This high-to-low spread represents a total annual volatility of 0.0156 MAD. From a start-to-finish perspective, comparing the January average rate of 0.1832 to the December average rate of 0.1807, the exchange rate registered a net change of -1.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1879 was down 8.27% compared to the 2017 peak of 0.2048, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 46,968 MAD
2017 Average 48,170 MAD
Yearly Trough Low 43,077 MAD
Transaction Impact: A difference of 3,890.32 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1841
0.1734
JanuMarcMayJulySeptNove

PHP 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 0.1788, compared to 0.1777 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.1788
H2 Avg (Jul–Dec) 0.1777

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0096 MAD (High: 0.1879 / Low: 0.1782). On the other end, July was the most stable month, with a tight range of 0.0020 MAD (High: 0.1782 / Low: 0.1763).

January Spread (Volatile) ±0.0096
July Spread (Stable) ±0.0020

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 January and February, when the average rate fell by 0.0060 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.1832) against the same month in 2017 (average: 0.2023), the exchange rate shifted by -0.0191 (-9.44%).

2018 Avg (January) 0.1832
2017 Avg (January) 0.2023

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1879 0.1782 0.1832
February 0.1801 0.1745 0.1772
March 0.1777 0.1746 0.1762
April 0.1799 0.1758 0.1771
May 0.1814 0.1783 0.1803
June 0.1811 0.1773 0.1789
July 0.1782 0.1763 0.1772
August 0.1795 0.1757 0.1780
September 0.1765 0.1723 0.1743
October 0.1791 0.1741 0.1759
November 0.1819 0.1784 0.1803
December 0.1823 0.1787 0.1807