2020 RON to MAD Historical Review

YEARLY HIGH

2.3229 MAD

YEARLY LOW

2.1621 MAD

YEARLY AVERAGE

2.2380 MAD

2020 RON to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the RON to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 2.3229. Conversely, the yearly low was recorded on March 19, dropping to 2.1621.

This high-to-low spread represents a total annual volatility of 0.1609 MAD. From a start-to-finish perspective, comparing the January average rate of 2.2325 to the December average rate of 2.2448, the exchange rate registered a net change of 0.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.3229 was down 1.26% compared to the 2019 peak of 2.3525, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,615 MAD

2019 Average 11,343 MAD

Yearly Trough Low 10,810 MAD

Transaction Impact: A difference of 804.25 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.2842

2.2022

JanuMarcMayJulySeptNove

RON 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 2.2349, compared to 2.2410 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0061 points.

H1 Avg (Jan–Jun) 2.2349

H2 Avg (Jul–Dec) 2.2410

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1430 MAD (High: 2.3051 / Low: 2.1621). On the other end, November was the most stable month, with a tight range of 0.0196 MAD (High: 2.2284 / Low: 2.2088).

March Spread (Volatile) ±0.1430

November Spread (Stable) ±0.0196

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0548 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0548

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2.2448) against the same month in 2019 (average: 2.2374), the exchange rate shifted by +0.0074 (+0.33%).

2020 Avg (December) 2.2448

2019 Avg (December) 2.2374

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2543	2.2228	2.2325
February	2.2276	2.1905	2.2091
March	2.3051	2.1621	2.2165
April	2.3157	2.2188	2.2774
May	2.2504	2.2036	2.2226
June	2.2694	2.2325	2.2514
July	2.2949	2.2474	2.2619
August	2.2825	2.2409	2.2585
September	2.2551	2.2146	2.2365
October	2.2394	2.2117	2.2230
November	2.2284	2.2088	2.2214
December	2.3229	2.2326	2.2448