2019 SCR to MAD Historical Review

YEARLY HIGH

0.7698 MAD

YEARLY LOW

0.6879 MAD

YEARLY AVERAGE

0.7031 MAD

2019 SCR to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the SCR to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 0.7698. Conversely, the yearly low was recorded on November 13, dropping to 0.6879.

This high-to-low spread represents a total annual volatility of 0.0820 MAD. From a start-to-finish perspective, comparing the January average rate of 0.6984 to the December average rate of 0.7023, the exchange rate registered a net change of 0.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.7698 was up 8.26% compared to the 2018 peak of 0.7111, 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 3,849 MAD

2018 Average 3,447 MAD

Yearly Trough Low 3,439 MAD

Transaction Impact: A difference of 409.83 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.7084

0.6965

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 0.7019, compared to 0.7042 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.7019

H2 Avg (Jul–Dec) 0.7042

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0801 MAD (High: 0.7698 / Low: 0.6897). On the other end, May was the most stable month, with a tight range of 0.0071 MAD (High: 0.7115 / Low: 0.7044).

August Spread (Volatile) ±0.0801

May Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between February and May, 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 May and June, when the average rate fell by 0.0046 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.7059) against the same month in 2018 (average: 0.6977), the exchange rate shifted by +0.0081 (+1.17%).

2019 Avg (August) 0.7059

2018 Avg (August) 0.6977

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7055	0.6919	0.6984
February	0.6997	0.6910	0.6975
March	0.7071	0.6924	0.7020
April	0.7085	0.6960	0.7035
May	0.7115	0.7044	0.7074
June	0.7098	0.6963	0.7028
July	0.7050	0.6880	0.7013
August	0.7698	0.6897	0.7059
September	0.7107	0.6973	0.7066
October	0.7095	0.7001	0.7041
November	0.7425	0.6879	0.7050
December	0.7054	0.6981	0.7023