2020 SVC to MAD Historical Review

YEARLY HIGH

1.1773 MAD

YEARLY LOW

1.0157 MAD

YEARLY AVERAGE

1.0854 MAD

2020 SVC to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SVC to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 6, valuing the pair at 1.1773. Conversely, the yearly low was recorded on December 19, dropping to 1.0157.

This high-to-low spread represents a total annual volatility of 0.1617 MAD. From a start-to-finish perspective, comparing the January average rate of 1.0979 to the December average rate of 1.0265, the exchange rate registered a net change of -6.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.1773 was up 5.69% compared to the 2019 peak of 1.1140, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,887 MAD

2019 Average 5,495 MAD

Yearly Trough Low 5,078 MAD

Transaction Impact: A difference of 808.25 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.1717

1.0133

JanuMarcMayJulySeptNove

SVC 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 1.1169, compared to 1.0539 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0631 points.

H1 Avg (Jan–Jun) 1.1169

H2 Avg (Jul–Dec) 1.0539

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0767 MAD (High: 1.1529 / Low: 1.0762). On the other end, January was the most stable month, with a tight range of 0.0096 MAD (High: 1.1027 / Low: 1.0931).

March Spread (Volatile) ±0.0767

January Spread (Stable) ±0.0096

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 0.0364 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0364

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 1.1585) against the same month in 2019 (average: 1.1014), the exchange rate shifted by +0.0571 (+5.18%).

2020 Avg (April) 1.1585

2019 Avg (April) 1.1014

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1027	1.0931	1.0979
February	1.1133	1.0969	1.1058
March	1.1529	1.0762	1.1070
April	1.1773	1.1296	1.1585
May	1.1331	1.1185	1.1260
June	1.1180	1.0998	1.1063
July	1.1097	1.0646	1.0916
August	1.0696	1.0464	1.0552
September	1.0618	1.0424	1.0540
October	1.0586	1.0456	1.0522
November	1.0562	1.0360	1.0438
December	1.0632	1.0157	1.0265