2018 SCR to MAD Historical Review

YEARLY HIGH

0.7111 MAD

YEARLY LOW

0.6495 MAD

YEARLY AVERAGE

0.6894 MAD

2018 SCR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SCR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 29, valuing the pair at 0.7111. Conversely, the yearly low was recorded on March 7, dropping to 0.6495.

This high-to-low spread represents a total annual volatility of 0.0616 MAD. From a start-to-finish perspective, comparing the January average rate of 0.6651 to the December average rate of 0.6976, the exchange rate registered a net change of 4.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.7111 was down 8.89% compared to the 2017 peak of 0.7805, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,555 MAD

2017 Average 3,574 MAD

Yearly Trough Low 3,247 MAD

Transaction Impact: A difference of 307.95 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.7066

0.6613

JanuMarcMayJulySeptNove

SCR 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 0.6831, compared to 0.6957 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0126 points.

H1 Avg (Jan–Jun) 0.6831

H2 Avg (Jul–Dec) 0.6957

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0437 MAD (High: 0.7111 / Low: 0.6673). On the other end, July was the most stable month, with a tight range of 0.0063 MAD (High: 0.7015 / Low: 0.6952).

May Spread (Volatile) ±0.0437

July Spread (Stable) ±0.0063

Growth Streaks & Declines

Trends

Between March and June, 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 August and September, when the average rate fell by 0.0086 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0086

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2018: 0.6983) against the same month in 2017 (average: 0.7260), the exchange rate shifted by -0.0277 (-3.82%).

2018 Avg (May) 0.6983

2017 Avg (May) 0.7260

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6788	0.6498	0.6651
February	0.6917	0.6511	0.6752
March	0.6837	0.6495	0.6733
April	0.6907	0.6660	0.6837
May	0.7111	0.6673	0.6983
June	0.7064	0.6961	0.7028
July	0.7015	0.6952	0.6982
August	0.7046	0.6894	0.6977
September	0.6949	0.6555	0.6891
October	0.7020	0.6819	0.6949
November	0.7031	0.6920	0.6968
December	0.7042	0.6854	0.6976