2018 SBD to MAD Historical Review

YEARLY HIGH

1.2139 MAD

YEARLY LOW

1.1600 MAD

YEARLY AVERAGE

1.1914 MAD

2018 SBD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SBD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 1.2139. Conversely, the yearly low was recorded on December 31, dropping to 1.1600.

This high-to-low spread represents a total annual volatility of 0.0539 MAD. From a start-to-finish perspective, comparing the January average rate of 1.1910 to the December average rate of 1.1802, the exchange rate registered a net change of -0.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.2139 was down 7.12% compared to the 2017 peak of 1.3070, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,069 MAD

2017 Average 6,212 MAD

Yearly Trough Low 5,800 MAD

Transaction Impact: A difference of 269.60 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.2053

1.1779

JanuMarcMayJulySeptNove

SBD 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 1.1908, compared to 1.1919 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 1.1908

H2 Avg (Jul–Dec) 1.1919

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0380 MAD (High: 1.1980 / Low: 1.1600). On the other end, October was the most stable month, with a tight range of 0.0097 MAD (High: 1.1968 / Low: 1.1872).

December Spread (Volatile) ±0.0380

October Spread (Stable) ±0.0097

Growth Streaks & Declines

Trends

Between March and May, 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 August and September, when the average rate fell by 0.0097 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0097

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 1.2020) against the same month in 2017 (average: 1.2193), the exchange rate shifted by -0.0173 (-1.42%).

2018 Avg (August) 1.2020

2017 Avg (August) 1.2193

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2047	1.1699	1.1910
February	1.1973	1.1741	1.1851
March	1.1889	1.1741	1.1822
April	1.1937	1.1743	1.1835
May	1.2098	1.1929	1.2030
June	1.2082	1.1911	1.2002
July	1.2038	1.1818	1.1955
August	1.2139	1.1891	1.2020
September	1.1985	1.1847	1.1923
October	1.1968	1.1872	1.1920
November	1.2041	1.1812	1.1892
December	1.1980	1.1600	1.1802