2018 QAR to MAD Historical Review

YEARLY HIGH

2.6340 MAD

YEARLY LOW

2.5037 MAD

YEARLY AVERAGE

2.5778 MAD

2018 QAR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the QAR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 2.6340. Conversely, the yearly low was recorded on February 1, dropping to 2.5037.

This high-to-low spread represents a total annual volatility of 0.1304 MAD. From a start-to-finish perspective, comparing the January average rate of 2.5419 to the December average rate of 2.6158, the exchange rate registered a net change of 2.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.6340 was down 5.90% compared to the 2017 peak of 2.7992, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,170 MAD

2017 Average 13,202 MAD

Yearly Trough Low 12,518 MAD

Transaction Impact: A difference of 651.90 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.6251

2.5128

JanuMarcMayJulySeptNove

QAR 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 2.5523, compared to 2.6033 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0511 points.

H1 Avg (Jan–Jun) 2.5523

H2 Avg (Jul–Dec) 2.6033

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0691 MAD (High: 2.6274 / Low: 2.5583). On the other end, July was the most stable month, with a tight range of 0.0209 MAD (High: 2.6086 / Low: 2.5877).

May Spread (Volatile) ±0.0691

July Spread (Stable) ±0.0209

Growth Streaks & Declines

Trends

Between March and June, 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 0.0220 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0220

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 2.6132) against the same month in 2017 (average: 2.4842), the exchange rate shifted by +0.1290 (+5.19%).

2018 Avg (November) 2.6132

2017 Avg (November) 2.4842

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5764	2.5107	2.5419
February	2.5433	2.5037	2.5242
March	2.5335	2.5062	2.5221
April	2.5521	2.5159	2.5302
May	2.6274	2.5583	2.5873
June	2.6240	2.5892	2.6080
July	2.6086	2.5877	2.5976
August	2.6301	2.5762	2.6051
September	2.5968	2.5652	2.5832
October	2.6282	2.5890	2.6052
November	2.6340	2.5971	2.6132
December	2.6330	2.5954	2.6158