YEARLY HIGH
2.6771 MAD
YEARLY LOW
2.5936 MAD
YEARLY AVERAGE
2.6409 MAD

2019 QAR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the QAR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 2.6771. Conversely, the yearly low was recorded on January 9, dropping to 2.5936.

This high-to-low spread represents a total annual volatility of 0.0835 MAD. From a start-to-finish perspective, comparing the January average rate of 2.6180 to the December average rate of 2.6428, the exchange rate registered a net change of 0.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.6771 was up 1.63% compared to the 2018 peak of 2.6340, 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 13,385 MAD
2018 Average 12,891 MAD
Yearly Trough Low 12,968 MAD
Transaction Impact: A difference of 417.42 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.6618
2.6140
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 2.6367, compared to 2.6451 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0083 points.

H1 Avg (Jan–Jun) 2.6367
H2 Avg (Jul–Dec) 2.6451

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0558 MAD (High: 2.6674 / Low: 2.6117). On the other end, February was the most stable month, with a tight range of 0.0169 MAD (High: 2.6260 / Low: 2.6091).

June Spread (Volatile) ±0.0558
February Spread (Stable) ±0.0169

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 May and June, when the average rate fell by 0.0182 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0182

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 2.6521) against the same month in 2018 (average: 2.6052), the exchange rate shifted by +0.0470 (+1.80%).

2019 Avg (October) 2.6521
2018 Avg (October) 2.6052

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6437 2.5936 2.6180
February 2.6260 2.6091 2.6201
March 2.6546 2.6238 2.6401
April 2.6580 2.6343 2.6470
May 2.6732 2.6462 2.6568
June 2.6674 2.6117 2.6386
July 2.6500 2.6243 2.6338
August 2.6516 2.6042 2.6332
September 2.6762 2.6314 2.6579
October 2.6771 2.6363 2.6521
November 2.6601 2.6403 2.6507
December 2.6523 2.6268 2.6428