2019 SAR to MAD Historical Review

YEARLY HIGH

2.6031 MAD

YEARLY LOW

2.5171 MAD

YEARLY AVERAGE

2.5637 MAD

2019 SAR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the SAR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 2.6031. Conversely, the yearly low was recorded on January 9, dropping to 2.5171.

This high-to-low spread represents a total annual volatility of 0.0860 MAD. From a start-to-finish perspective, comparing the January average rate of 2.5418 to the December average rate of 2.5653, the exchange rate registered a net change of 0.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.6031 was up 1.59% compared to the 2018 peak of 2.5622, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,015 MAD

2018 Average 12,515 MAD

Yearly Trough Low 12,585 MAD

Transaction Impact: A difference of 429.99 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.5838

2.5380

JanuMarcMayJulySeptNove

SAR 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 2.5598, compared to 2.5676 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 2.5598

H2 Avg (Jul–Dec) 2.5676

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0537 MAD (High: 2.5895 / Low: 2.5358). On the other end, February was the most stable month, with a tight range of 0.0167 MAD (High: 2.5495 / Low: 2.5328).

June Spread (Volatile) ±0.0537

February Spread (Stable) ±0.0167

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 0.0183 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0183

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 2.5800) against the same month in 2018 (average: 2.5080), the exchange rate shifted by +0.0720 (+2.87%).

2019 Avg (September) 2.5800

2018 Avg (September) 2.5080

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5661	2.5171	2.5418
February	2.5495	2.5328	2.5437
March	2.5773	2.5490	2.5630
April	2.5807	2.5577	2.5698
May	2.5951	2.5690	2.5794
June	2.5895	2.5358	2.5611
July	2.5725	2.5482	2.5570
August	2.5742	2.5282	2.5559
September	2.6031	2.5541	2.5800
October	2.5906	2.5589	2.5740
November	2.5830	2.5635	2.5735
December	2.5742	2.5497	2.5653