YEARLY HIGH
0.0848 MAD
YEARLY LOW
0.0682 MAD
YEARLY AVERAGE
0.0776 MAD

2018 PKR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PKR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0848. Conversely, the yearly low was recorded on December 9, dropping to 0.0682.

This high-to-low spread represents a total annual volatility of 0.0165 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0836 to the December average rate of 0.0686, the exchange rate registered a net change of -17.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0848 was down 12.93% compared to the 2017 peak of 0.0974, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 42,387 MAD
2017 Average 46,093 MAD
Yearly Trough Low 34,116 MAD
Transaction Impact: A difference of 8,270.89 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0851
0.0671
JanuMarcMayJulySeptNove

PKR 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 0.0816, compared to 0.0736 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0079 points.

H1 Avg (Jan–Jun) 0.0816
H2 Avg (Jul–Dec) 0.0736

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0062 MAD (High: 0.0771 / Low: 0.0709). On the other end, April was the most stable month, with a tight range of 0.0011 MAD (High: 0.0803 / Low: 0.0791).

October Spread (Volatile) ±0.0062
April Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0040 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.0836) against the same month in 2017 (average: 0.0962), the exchange rate shifted by -0.0125 (-13.05%).

2018 Avg (January) 0.0836
2017 Avg (January) 0.0962

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0848 0.0827 0.0836
February 0.0837 0.0824 0.0830
March 0.0833 0.0790 0.0817
April 0.0803 0.0791 0.0797
May 0.0826 0.0804 0.0814
June 0.0822 0.0779 0.0800
July 0.0781 0.0730 0.0760
August 0.0779 0.0762 0.0769
September 0.0767 0.0756 0.0763
October 0.0771 0.0709 0.0730
November 0.0717 0.0705 0.0710
December 0.0710 0.0682 0.0686