2020 QAR to MAD Historical Review

YEARLY HIGH

2.8291 MAD

YEARLY LOW

2.4349 MAD

YEARLY AVERAGE

2.6081 MAD

2020 QAR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the QAR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 6, valuing the pair at 2.8291. Conversely, the yearly low was recorded on December 20, dropping to 2.4349.

This high-to-low spread represents a total annual volatility of 0.3943 MAD. From a start-to-finish perspective, comparing the January average rate of 2.6388 to the December average rate of 2.4665, the exchange rate registered a net change of -6.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.8291 was up 5.68% compared to the 2019 peak of 2.6771, 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 14,146 MAD

2019 Average 13,205 MAD

Yearly Trough Low 12,174 MAD

Transaction Impact: A difference of 1,971.30 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.8149

2.4349

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 2.6837, compared to 2.5325 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1512 points.

H1 Avg (Jan–Jun) 2.6837

H2 Avg (Jul–Dec) 2.5325

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1875 MAD (High: 2.7759 / Low: 2.5884). On the other end, January was the most stable month, with a tight range of 0.0214 MAD (High: 2.6501 / Low: 2.6287).

March Spread (Volatile) ±0.1875

January Spread (Stable) ±0.0214

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 0.0881 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0881

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 2.7832) against the same month in 2019 (average: 2.6470), the exchange rate shifted by +0.1362 (+5.15%).

2020 Avg (April) 2.7832

2019 Avg (April) 2.6470

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6501	2.6287	2.6388
February	2.6756	2.6356	2.6576
March	2.7759	2.5884	2.6595
April	2.8291	2.7149	2.7832
May	2.7223	2.6838	2.7046
June	2.6857	2.6440	2.6586
July	2.6683	2.5597	2.6233
August	2.5688	2.5148	2.5352
September	2.5521	2.5046	2.5330
October	2.5436	2.5132	2.5287
November	2.5389	2.4899	2.5083
December	2.5555	2.4349	2.4665